HSBC to recommend rivals’ mortgages in branch
HSBC is taking on mortgage brokers with the trialling of a new “whole of market” advice service available to customers in its branches.
The lender will charge customers £150 to speak to a Mortgage Matcher consultant, who will offer impartial advice on the best mortgage deals available, including those from rival lenders. Customers who go on to take out a home loan from HSBC or First Direct, its online-only banking brand, will still be charged the fee.
