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HSBC mortgage - am i missing a trick?

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Comments

  • emeraldbugle
    emeraldbugle Posts: 1,063 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    inkiboo wrote: »
    Apart from right now. HSBC have a 1.89% over base offer on now.

    Although this one has a fee of £999 + a valuation fee.
  • AntiLochus
    AntiLochus Posts: 78 Forumite
    Part of the Furniture Combo Breaker
    catslovelycats wrote: »
    I'm looking at this mortgage as well. My discount ends in Feb and I;m already with HSBC. They were helpful and friendly 2 years ago and I'm hoping they will be again this time round! Good luck OP.

    I'm interested in this and I'm with HSBC too. My current fixed rate ends in April.

    Does anyone know whether HSBC will allow you to apply for a mortgage product now and hold it for 6 months until the existing rate expires?
  • emeraldbugle
    emeraldbugle Posts: 1,063 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    AntiLochus wrote: »
    I'm interested in this and I'm with HSBC too. My current fixed rate ends in April.

    Does anyone know whether HSBC will allow you to apply for a mortgage product now and hold it for 6 months until the existing rate expires?

    Yes, I did the application online. They phoned me within 2 days, took me through the application and specified the date for drawdown as March when my current deal expires. She said we have 6 months to draw the funds once approved.
  • AntiLochus
    AntiLochus Posts: 78 Forumite
    Part of the Furniture Combo Breaker
    emeraldbugle wrote: »
    Yes, I did the application online. They phoned me within 2 days, took me through the application and specified the date for drawdown as March when my current deal expires. She said we have 6 months to draw the funds once approved.

    Thanks - I phoned them and the lady said I couldn't do this, but I was unsure whether she really understood my question.

    I'll give the on-line application a go :beer:
  • originalmiscellany
    originalmiscellany Posts: 1,655 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Mortgage-free Glee!
    I was fortunate to sneak in, at a 1.49% offset with F.D. (Brother of HSBC). Best thing I've ever done financially, it gives such overpayment opportunities, it's dead easy to overpay. We did something similar to other people where we got this agreed in principle in advance of our old mortgage transferring (3 months in advance I think ) then we just flipped over to it once the old one was up.
    Grab it whilst it's hot I would say.
    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
  • Morgage_Confused
    Morgage_Confused Posts: 397 Forumite
    Tenth Anniversary 100 Posts Combo Breaker
    I cant find that on their website....any links?

    thanks
    inkiboo wrote: »
    Apart from right now. HSBC have a 1.89% over base offer on now.
  • emeraldbugle
    emeraldbugle Posts: 1,063 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Morgage_Confused wrote: »
    I cant find that on their website....any links?

    thanks

    https://mortgages.hsbc.co.uk/product/A001002119001002120001002121-lifetime-tracker-special
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