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Broker Talkback

Do you think you will lose business because of the HSBC rate-matcher deal?

Do you think you will lose business because of the HSBC rate-matcher deal?

Yes 12%
No 88%

No

“I think it will stimulate the market rather than have a negative impact. It may spur others to offer deals too. If nobody is moving house that is of no benefit to anyone, least of all brokers.”

Richard Brydon, director, Brydon Associates

No “We write quality business and our clients will always come back to us for the service we provide. Mortgages only make up a little bit of our business.”

Keith Ceillam, director, Ceillam Hobbs

No “I do not have a lot of customers with fixed-rate deals so it will not affect me much but some brokers might feel it.”

Richard O’Fee, principal, Financial Choices

No “Other lenders could start offering similar deals so I think my clients will still value independent advice.”

Sandy Thomson Financial Services

No “Clients come to us for independent advice. They are not just looking for the best rate, there are many factors involved in finding the best mortgage for clients.”

Ian Kells, Mortgage Shop

No “I do not think we will. The type of business we do is unlikely to go to HSBC. They only offer up to 80 per cent loan to value so that excludes a few people. It is definitely worth looking at but these things are never as good as they at first seem.”

Robert Skelton, Skelton Financial Services

Yes “I think that most firms that do mortgage business will be affected by the deal.”

Andrew Robb, Stewart Robb & Co,

No “I cannot see it affecting me. People will still come and seek advice from brokers.”

Alan Thompson, Alan Thompson Financial Services

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