HSBC has announced that it is now partnered with over 300 companies that offer mortgage advice, having added 126 to its list of partners since the COVID-19 crisis began.
The newest firms to join its panel are Salus Mortgage Solutions, John Earnshaw Independent Financial Advisers and Andrew Nolan Mortgage. They bring the total number of advice companies partnered with HSBC to 302, with all advisors that work for those firms having access to its slate of mortgage loans on behalf of their clients.
Over the past six years, HSBC has been heavily focused on adding more broker firms to its panel, stating during the summer of 2020 that 93% of companies within this sector were working with it.
Speaking to Mortgage Solutions, its Head of Intermediary Mortgages for the UK, Chris Pearson, stated that he felt pride at having secured partnerships with so many firms in the midst of the pandemic, before going on to add:
“We have maintained a high level of support to our broker partners throughout these testing times and stand ready to support them going forward.”
Pearson concluded by saying that the 126 advice companies that had joined forces with HSBC since the pandemic began were evidence of how committed the lender was to building up its panel, and that it aimed to keep bringing on board more of them at the same rate in the future.
Linking with a lender that has the market profile of HSBC will be attractive to many advisors once they have a CeMAP qualification.