Tue, 30 Nov 2021 Today's Paper

HSBC reintroduces Mortgage Loans

13 October 2021 12:00 am - 0     - {{hitsCtrl.values.hits}}


Supporting customers by opening up a world of opportunity, HSBC has further enhanced its flagship Premier proposition by reintroducing Premier Mortgage Loans at an attractive introductory five-year fixed interest rate of 7 percent p.a. 

HSBC Premier Mortgage Loans are designed to bring maximum benefits to help existing and eligible Premier customers pursue their ambitions with home loans of up to Rs.100 million. 

This comes in the wake of several external factors affecting the cash flow of customers, which has spurred interest in the real estate market that has continued to show steady price growth despite the pandemic. HSBC notes that customers are looking to diversify their investment by looking at a second home and restructure their mortgages for better returns in future, as a hedge against the low interest environment. 

Wealth and Personal Banking Country Head Nadeesha Senaratne said, “The property market is a very attractive investment asset class amongst the affluent segment in Sri Lanka. Despite the pandemic and many external factors affecting customer cash flows, we have noticed a fresh appetite for investment in property within the suburbs and urban areas around the country. As a result, our aim has always been to provide our customers with the right solutions addressing their needs and circumstances as their primary banking partner. HSBC’s mortgage product is designed to provide a degree of flexibility and choices in line with our purpose of opening up a world of opportunity for our customers. We hope we can help our customers to pursue a key ambition in life, as we continue to expand on servicing their personal banking needs.”  

  Comments - 0

Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment

Focus on Laggala Gem mining big shots bigger than the law

The truth is now being uncovered regarding an illegal mining racket in state

How and why the TNA was formed twenty years ago

The Tamil National Alliance (TNA) is now twenty years of age. The premier pol

India lays emphasis on culture diplomacy with Sri Lanka

Indian Prime Minister Narendra Modi wanted to inaugurate the Kushinagar Inter

Bittersweet memories of a ‘City that never slept’

At the heart of Eastern Province lies a now abandoned ghost town punctuated w