View more on these topics

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.”


Banks and societies fail to impress consumers

Only 53% of consumers trust banks and building societies, with many believing they fail to act fairly and transparently with customers. According to YouGov research, bigger banking brands and high street names elicit more trust for 28% of respondents, compared with 22% trusting smaller names. Some 62% of consumers strongly agree that brands behaving fairly […]


Connaught looking to wind up income fund used by Tiuta

The board of Connaught Asset Management is proposing to wind up its income fund series two and Mortgage Strategy understands the same process is being applied to its series one fund, both of which partly fund bridging lending Tiuta.

Local quirks paint a different picture

What do we mean by the phrase the UK mortgage market? While it is useful in giving us an aggregate picture of market conditions, it can bear little relation to local conditions.

Guide cover

Guide: how to… communicate with your pension members

Effective communication of your pension scheme is a large part of getting auto-enrolment right. Delivering the same message to all employees is not necessarily the way to go. To assist you with the communication of your pension scheme, we have provided some key areas to think about, such as:

  • What to consider when segmenting your workforce
  • How to communicate to pension scheme members at the right time in their member lifecycle
  • What topics you should be discussing with your pension members
  • The new pension freedoms and the importance of communicating them


News and expert analysis straight to your inbox

Sign up
  • Post a comment
  • Doctor SP 12th June 2012 at 11:25 am

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