Residential panel
Connect for Intermediaries has recently expanded its network’s mainstream residential panel by incorporating HSBC. This strategic move aims to provide enhanced options and opportunities for network members seeking residential financing solutions.
As the network continues to evolve and adapt to the financial industry’s ever-changing landscape, HSBC’s inclusion represents a significant step forward. This collaboration broadens the spectrum of available lenders and underscores Connect for Intermediaries’ commitment to offering diverse and competitive choices to its network members.
By welcoming HSBC to its lender panel, Connect for Intermediaries positions itself as a facilitator of comprehensive and versatile financial solutions. Adding HSBC enhances the network’s ability to cater to a wider range of client needs. This fosters a more robust and dynamic ecosystem for both intermediaries and borrowers alike.
This strategic partnership showcases Connect for Intermediaries’ commitment to industry leadership. It consistently broadens its offerings to match evolving market needs. As the network expands and diversifies, it becomes a top intermediary support platform. It connects professionals with a growing selection of reputable lenders, ensuring the best solutions for residential financing.
Residential Panel | What can brokers expect from HSBC?
HSBC UK for Intermediaries will unveil competitive rates through Connect. These include 1.54% for a two-year fixed rate and 1.84% for a five-year fixed rate. Both rates apply at a 60% loan-to-value (LTV). Additionally, Connect’s brokers will benefit from a generous gross procuration fee of 0.40% on each transaction.
Connect’s extensive reach is further highlighted by its members’ ability. They introduce clients up to the age of 80. Notably, HSBC welcomes earned income from both employed and self-employed borrowers. This expands the eligibility criteria. The flexibility extends to property types. This ensures a broad spectrum of options. HSBC’s inclusivity also covers UK expats. They reside in 22 specified countries, earning income in up to 165 different currencies.
Liz Syms, CEO of Connect for Intermediaries, highlighted the strength and diversity of the Connect network. She shed light on its often overlooked mainstream residential panel. The addition of HSBC enhances the network’s comprehensive offerings. It provides members with unparalleled access to various lenders and competitive rates across every facet of the mortgage market.
This strategic alliance enhances Connect’s standing in the industry, solidifying its reputation for specialist lending and buy-to-let and its flourishing presence in mainstream residential offerings.
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