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HSBC approves 15,000 FTB mortgages

HSBC approved more than 15,000 first-time buyer mortgages in the first five months of 2012.

In January, HSBC confirmed it would be making at least £15bn in mortgages available to UK homeowners in 2012, including £3bn specifically set aside for first-time buyers.

By the end of March, HSBC had already approved £4.9bn in mortgages  to UK borrowers, with £1.2bn of this approved to first-time buyers.

Peter Dockar,  head of mortgages at HSBC, says:  “We are committed to helping UK borrowers with the aspiration to own their own home and continue to offer competitive rates to both first-time buyers and existing homeowners.”

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  • Doctor SP 12th June 2012 at 11:25 am

    Not particularly helpful in isolation… needs to be compared to other lenders’ figures.