HSBC is set to launch a range of mortgage deals with up to 90% loan-to-value (LTV) ratios, backed by £1bn of funding.
The move follows the announcement last week of a partnership between HSBC and John Charcol which sees the broker provide in-house advisers at a selection of bank branches to provide whole-of-market advice.
The new deals, available from 14 April, will be available to HSBC Plus and Premier customers. HSBC says current account customers and those not currently with HSBC are welcome to open a Plus account to take advantage of the offers.
"Although house prices have fallen, and continue to fall, they won't fall forever," Joe Garner, group general manager of HSBC's personal financial services, says.
"At HSBC we are standing by our customers through thick and thin and these changes mean we can continue to give customers the best possible deal on their mortgage. This is a £1bn commitment and it says we appreciate our customers' loyalty."
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