HSBC opens international buy-to-let proposition to intermediaries

Brokers can now facilitate UK property investments for residents from 14 countries.

Related topics:  Mortgages
Rozi Jones | Editor, Financial Reporter
21st May 2024
HSBC
"The introduction of an international buy-to-let offering, plus the incorporation of another five countries to our roster, will be a great addition to their suite of products."
- Chris Pearson, head of intermediary mortgages at HSBC UK

From today, HSBC has opened its international buy-to-let proposition to its intermediary channel.

The range will be available for all application types for non-UK residents in respect of a new or existing buy-to-let.

The changes mean that brokers can facilitate UK property investments for residents from Australia, Hong Kong, Singapore, Switzerland, the UAE, the USA, Guernsey, the Isle of Man, and Jersey.

In addition, HSBC is extending its residential and buy-to-let offering to residents from five new countries: Egypt, Malaysia, the Philippines, Qatar, and Taiwan.

Chris Pearson, head of intermediary mortgages at HSBC UK, said: “Our broker partners provide us with a critical barometer around how we shape our proposition in order to help even more customers with their mortgage needs.

“That’s why the introduction of an international buy-to-let offering, plus the incorporation of another five countries to our roster, will be a great addition to their suite of products. With HSBC’s global heritage, we are ideally placed to support our brokers in this market segment.”

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