Harrods Bank set to launch into broker market
Harrods Bank is planning to start offering mortgages through brokers, according to a report in Mortgage Strategy magazine.
The private bank currently offers mortgages to its existing investment customers although it is looking to increase lending volumes.
Aaron Strutt, product manager at Trinity Financial, told Mortgage Strategy: "Harrods is obviously a great brand but there are a lot of other decent brands in the private banking world. They will need to offer something different to attract more high-net-worth clients."
May 20, 2014