HSBC expands intermediary distribution

HSBC has expanded the availability of its mortgages through four additional brokers.

The quartet are Sesame Limited, Mortgage Advice Bureau, Stonebridge Group and Mortgage Intelligence.

This expansion follows the addition of Springtide Capital, Alexander Hall and SPF Private Clients announced in April.

These firms will have access to HSBC’s full range of residential mortgages, including the recently launched 10-year fixed rate mortgage at 2.79%, its five-year fixed rate at 1.99% and the two-year fixed rate at 0.99%.

Brokers have full online capabilities, are able to submit and track applications, as well as having direct access to the underwriting team.

Tracie Pearce, HSBC’s head of mortgages in the UK, said: “When it comes to getting a mortgage, we know customers want access to a great range of deals whether that’s directly through HSBC or through our intermediary partners. Brokers are an important part of the housing market, providing a valuable service to home-buyers and re-mortgagors alike.

“Getting a mortgage is often thought as a stressful process but it doesn’t have to be, particularly when you have a helping hand from independent experts who can advise you on the best deals that suit your personal circumstances. The addition of four new brokers will provide greater choice of deals for customers.”

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