Remortgaging (HSBC) with home improvements - query

sac0jke

Hi
We’re about to remortgage with HSBC DIP approved for £50k more than we want. Going through the form, and it’s asking for outstanding current mortgage balance. There’s a secondary box for a home owner loan. We were hoping to remortgage the lot together, so one set of fees. Do we put the total we want to borrow in the mortgage outstanding box, or do we have to have an additional product?
Any advice?
Many thanks

Thrugelmir

If the application form asks for the figures separately then this is what you should provide.

Okydoky25

Can I ask how you are getting along with this?


I am in the early stages of doing the same on line with HSBC. I have included the full repayment costs of our existing mortgage including the Early Exit Fees and have put the additional borrowing in the other section. Additional borrowing has including debts which we have due to a loan and a CC we used for home improvements which are now complete and some additional funds we would like.