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HSBC Mortgage

13

Comments

  • Engeroosi
    Engeroosi Posts: 493 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    applying yourself is relatively simple, they talk you through it.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    sj1147 wrote: »
    I am just trying to gauge if HSBC are regarding as good lenders. I am a Advanced customer, do i use a broker or use there no fee tracker????

    HSBC does not use brokers. So you will need to apply direct.
  • originalmiscellany
    originalmiscellany Posts: 1,655 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Mortgage-free Glee!
    I did it with First Direct (subsidiary of HSBC) and found it easy - they talk you through everything and at all times were very polite and supportive...
    Took a few months but I had no time deadlines. Very pleased I didn't use a broker.
    Feb 2012 - onwards MF achieved
    September 2016 - Back into clearing a mortgage - Was due to be paid off in 32 years in March 2047 -
    April 2018 down to 28.00 months vs 30.04 months at normal payment.
    Predicted mortgage clearing 03/2047 - now looking at 02/2045
    Aims: 1) To pay off mortgage within 20 years - 2037
  • liamwilliams
    liamwilliams Posts: 31 Forumite
    Had my Valuation report through the post yesterday, very quick indeed as i only signed the papers last Thursday, they valued the house at 105,000 which is what my offer so no problems there, a few niggles to sort out (mining reports, council approval for extensions to the house etc) but hopefully that will be done with no problems! :j
  • stavros1981
    stavros1981 Posts: 59 Forumite
    Sounds good Liamwilliams!

    my hsbc mortgage manager is off on his jollies so will sort the valuation when he is back. Gotta take in proof of deposit which we have, and then the valuation will be ordered!

    :beer:

    Incidentally did you pay the additional £197ish for the more indepth survey?
  • liamwilliams
    liamwilliams Posts: 31 Forumite
    stavros1981 wrote: »



    Incidentally did you pay the additional £197ish for the more indepth survey?


    No haven't paid any additional money, all was fee free!
  • stavros1981
    stavros1981 Posts: 59 Forumite
    Ours too was fee free with a survey but felt a more indepth survery would be better. We got the £400ish survey free but wanted a little more knowledge.
  • Engeroosi
    Engeroosi Posts: 493 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I am a remortgage so didn't need an in depth survery carried out. Also fee free which is always good, no risk apart from credit check!
  • Melaniep101
    Melaniep101 Posts: 637 Forumite
    Part of the Furniture 500 Posts
    We had a meeting on Saturday with a mortage advisor at HSBC to formally apply, and we got "referred" to the underwriters. Does this mean we've passed the credit check?

    Our chap there said it would either be approved, rejected or referred and 99% of 90%LTV applications get referred but I just wondered what our chances are for approval.

    Thanks
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Melaniep101 wrote: »
    Our chap there said it would either be approved, rejected or referred and 99% of 90%LTV applications get referred but I just wondered what our chances are for approval.

    Thanks

    Depends entirely on your own circumstances.
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