1.99% loan offer splits advisers

Jones, Lee; Jarvis, Christopher
September 2009
Money Marketing;9/10/2009, p15
The article reports on different reactions of financial advisers on HSBC Holdings PLC's 1.99% mortgage loan in Great Britain. Coreco Group Ltd. director Andy Montlake states that HSBC would only pick lenders whom they considers as worthy, and believes that fees, flexibility and service should also be considered. However, Chadney Bulgin LLP partner Jonathan Clark mentions that the lower rates imposed by HSBC has to be a good news if it cuts down other deals.


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