Another £500m from HSBC

September 29, 2009subedar1 No Comments »

More good news for first-time buyers and home movers from HSBC.

The bank is making an additional half a billion pounds of mortgage funding available to home buyers with deposits of 10%.

The reason for this additional funding is because there has been an increase in demand from its customers.

It is not known what interest rates are on offer with this further funding but it does appear that lenders are beginning to loosen their purse strings and it bodes well for the property market.

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