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Monday 24th June 2019, HSBC for Intermediaries

We've reduced the need to provide bank statements

Submitting your client's mortgage application just got easier

We know how important it is for you to work with a lender that has a simple and straightforward mortgage application process, so we hope you agree the following changes are a positive step towards reducing our packaging requirements and time to offer even further.

We've reduced the need to provide bank statements

With immediate effect, you will no longer need to provide bank statements when processing your client's mortgage application. Please note, in a small number of cases, our Underwriting team may still need to see them, but we'll let you know directly.*

And we've made it easier to evidence rental income

Following a number of system enhancements, we have also removed the need to provide the latest BTL mortgage statement where rental income is used to support affordability.

For Intermediary use only. *This does not remove the need to obtain bank statements as part of your normal compliance requirements; we just won't need to see them.

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