HSBC mortgage criteria

Thrugelmir

Superstars2011 wrote: »

Hello, not sure if this is the right place to ask.

Right, me and my partner are looking to buy our first house.

Value £170,000
We have 10% deposit
Combined income is over £49,000
I have a v.poor credit rating, with a few defaults. However she has a very good one.
We both have very secure jobs

We have had an decision in principal accepted by hsbc. The mortgage advisor there also ran a credit search and this passed too. He has now submitted the application to be reviewed by the under writters. We made the advisor aware of the defaults too. They were within the last 6 years


What is there criteria? What do they see? I'm worried that it may fail.

Any advice will be much appreciated.

Hi welcome to the board,

Best to start a new thread rather than tag onto an old one.

Superstars2011

What does that mean....

Thrugelmir

Superstars2011 wrote: »

What does that mean....

Start a totally new post. Rather than tagging your questions etc onto the bottom of an old unrelated one thread.

Otherwise people read through loads which isn't related.