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hsbc processing times

pawpurrs
pawpurrs Posts: 3,910 Forumite
1,000 Posts Combo Breaker
in Mortgages & endowments
How long are they taking to process mortgage applications at the moment?
How long to get s valuation booked in?
Pawpurrs x ;)

Comments

  • _Andy_
    _Andy_ Posts: 11,150 Forumite
    HSBC are notoriously slow, you could be looking at 2 weeks easily. Best thing to do is ring them.
  • pawpurrs
    pawpurrs Posts: 3,910 Forumite
    1,000 Posts Combo Breaker
    Flippin great! Its not my mortgage its my buyers!:mad:
    How are they with period non standard construction?
    Pawpurrs x ;)
  • _Andy_
    _Andy_ Posts: 11,150 Forumite
    Depends on the valuation really but shouldn't impact hugely on processing times
  • pawpurrs
    pawpurrs Posts: 3,910 Forumite
    1,000 Posts Combo Breaker
    Thanks Andy. Will pm you if you dont mind.
    Pawpurrs x ;)
  • TEDDYRUKSPIN
    TEDDYRUKSPIN Posts: 1,528 Forumite
    _Andy_ wrote: »
    HSBC are notoriously slow, you could be looking at 2 weeks easily. Best thing to do is ring them.

    Erm.... I believe every company has an average time of 2 weeks?

    It depends on your application to be honest. The maximum time to get an answer on your application to become successful is 5 working days. If done in branch and you have a phone call the next day, 2 days.

    It then takes 2 working days for the second bout of application forms to be delivered to you and to confirm you want the mortgage. Once you sign this and return this, they will carry out a survey.

    This is standard procedure but if you have notified your mortgage advisor they can actually send out a survey the following day. But just remember the survey is none refundable even if your mortgage application fails.
    Motto: 'If you don't ask, you don't get!!'

    Remember to say thank you to people who help you out!

    Also, thank you to people who help me out.
  • pawpurrs
    pawpurrs Posts: 3,910 Forumite
    1,000 Posts Combo Breaker
    Hmmm what about if the person applying for the mortgage is currently living abroad?
    Pawpurrs x ;)
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