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Tuesday 17 July 2012
HSBC agreed £10.6bn worth of mortgages in the first half of the year marking a 16% increase when compared with the last time last year. Encouragingly, £2.7bn of this figure was granted to first-time buyers.
Peter Dockar, Head of Mortgages at HSBC commented on mortgagestrategy.co.uk that: “At a time when many other lenders are contracting their lending, we remain committed to helping more customers who aspire to own their own home and we approved a record number of mortgages in the first half of this year.”
“So we can help an increasing number of customers finance their homes we are extending our mortgage funding pledge by an extra £2bn, meaning HSBC will make at least £17 billion available to UK homeowners this year.”