Rolling coverage of the latest economic and financial news, as HSBC temporarily removes mortgage products for new customers
Good morning and welcome to our rolling coverage of business, the financial markets and the world economy.
The turbulence in Britain’s mortgage market has escalated after HSBC temporarily withdrew all its loans with only a few hours’ notice, last night.
“To ensure that we can stay within our operational capacity and meet our customer service commitments, we occasionally need to limit the amount of new business we can take each day.
“Our broker products will be available again on Monday, June 12.”
