HSBC move will help remortgage customers

HSBC has pledged to increase mortgage lending by one fifth in 2009.

The high street lender said that it will lend £15 billion in mortgages next year, in a move welcomed by mortgage brokers as a boost to the remortgage market.

Some brokers, however, have said that this will not help first-time buyers and those truly struggling to find a remortgage deal, as it will probably not affect the 75% LTV area of the market as much.

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2 Responses to “HSBC move will help remortgage customers”

  1. Shane Says:

    There’s no pleasing some people.
    Still, I suppose £15 billion worth of customers will be happy.

  2. Shawn Says:

    That’s good but shouldn’t it depend on market conditions?!

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