See the latest announcement from HSBC below. Note that you can access HSBC via the Brilliant Solutions mortgage club but the lender does place some restrictions on access. Contact us for details.
HSBC Mortgage Product Guides are available here but check the date to ensure it has been updated to reflect the announcements below.
We’re reducing our mortgage products
We’ve reduced our stress rates
Great news – from today, Tuesday 22nd April we’ve made reductions to the stress rates used in our residential affordability calculations, for both purchase and remortgage applications.
Stress rates are an integral part of ensuring affordability for your customers mortgage applications, and by amending the affordability rate at which the mortgage is calculated, we can now support more customers in meeting the affordability criteria and potentially increase their borrowing amounts.
Further information
Talk to us using Chat with us, call our Broker Support Team on 0345 600 5847 (Monday to Friday, 9am to 5pm) or contact your local BDM .