HSBC has announced a return to the Australian mortgage broking space after a 10-year absence, partnering with Aussie Home Loans.
Alice Del Vecchio, Head of Mortgages and Third Party Distribution, HSBC Australia said,“We’re excited to partner with Aussie. Aussie has a strong network of brokers and is a well regarded member of the broking industry.
“Our mortgage book has grown significantly over the past few years and now we’re ready to stretch it beyond the geography of our branch network with mortgage brokers. HSBC has a range of competitive products that we believe will be well-received by customers and brokers,” she added.
Chief Executive of Aussie, Mr James Symond said “Our link with the HSBC brand in Australia brings together two leading brands focused on delivering greater competition to the home loan market, backed by premium customer service.
“Our HSBC partnership will now provide Aussie’s customers with a greater choice of mortgage products, while giving our brokers access to consumers attracted to the strong HSBC offering, the majority of whom are high-net worth”, he added.”