HSBC have expanded their international mortgage offering. Which is available to clients who are residents in select countries, looking to purchase or refinance a property in the UK.
The previous list included:
- Australia
- Guernsey
- Hong Kong
- Isle of Man
- Jersey
- Singapore
- Switzerland
- UAE
- United States
The new additions to the list of acceptable countries are:
- Egypt
- Malaysia
- Philippines
- Qatar
- Taiwan
There are a number of requirements to be eligible for the product including a minimum income for £75,000, a maximum Loan to Value of 75% and foreign credit reports are required. HSBC can be a great solution for the right situation, as their products are competitive against traditional expat lenders.
If you want to know more about HSBC’s international products we can offer a free initial consultation.