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Help to buy remortgage

Futuristic
Futuristic Posts: 1,224 Forumite
Part of the Furniture 1,000 Posts Photogenic Name Dropper
in Mortgages & endowments
I decided to go through one of the online free brokers recommended on MSE and they've came back with a offer from HSBC but on the illustration it has no mention of the help to buy equity loan and the product code is just a normal re-mortgage option.

Does anyone know if hsbc accepts htb equity second charge remortgages on their normal products? Of course, will ask the mortgage advisor again to confirm this as the rate is good compared to others i checked online eg. skipton etc who have seperate htb remortgage products.

Thanks

Comments

  • kingstreet
    kingstreet Posts: 39,351 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Are you repaying the HTB loan or are you leaving it behind and having a deed of postponement?

    I suspect your broker thinks it's the former, while you are planning the latter...?
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
  • Futuristic
    Futuristic Posts: 1,224 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 9 April 2019 at 4:15PM
    kingstreet wrote: »
    Are you repaying the HTB loan or are you leaving it behind and having a deed of postponement?

    I suspect your broker thinks it's the former, while you are planning the latter...?

    We are not repaying it, still got ~2-3 yrs interest-free period.
  • Futuristic
    Futuristic Posts: 1,224 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Just in case anyone ponders upon this post. HSBC will only accept remortgage with HTB if 50% is paid off/added to the remortgage from the equity loan.

    Going through barclays now
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