Comments from Rob Clifford, Group Commercial Director of Shepherd Direct Group, on the news that HSBC are to begin distributing through mortgage intermediaries

02 October 2014

“Our Group has worked with HSBC for over 25 years and regard them as an excellent partner – I’m sure the broker market will find the same. One of our businesses helped HSBC Group pilot intermediary lending in the early nineties, through the First Direct brand, so although it’s been a long-time coming we’re very pleased to see HSBC recognising the importance of the intermediary market and the value that consumers see in getting impartial mortgage advice. Committing to intermediate is a good move for HSBC and enhances consumer choice, which the regulator should also welcome.”