HSBC Timeline

SimonBck
SimonBck Posts: 138 Forumite
100 Posts First Anniversary Name Dropper
edited 20 February 2020 at 8:59AM in Mortgages & endowments
My broker has put in my mortgage application to HSBC. He said that it is now in a queue awaiting assessment. Anyone know if there is a big backlog at HSBC? How long do HSBC normally turn around applications?

Comments

  • 2-3 days for documents to be looked at. Service is quite good so leave it to your broker.
    I am a mortgage broker and IFA. 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
  • We had a mortgage approved by HSBC the day after submitting the application, this was a few weeks ago
  • SimonBck
    SimonBck Posts: 138 Forumite
    100 Posts First Anniversary Name Dropper
    Just had a text from SDL Surveys, saying great news, we have received the mortgage valuation for the property you are purchasing. This valuation is for the lender. 
    Is this a instruction for the valuation survey to be done? Would have HSBC looked at our application in full yet?
  • SimonBck
    SimonBck Posts: 138 Forumite
    100 Posts First Anniversary Name Dropper
    Survey is all booked.
    HSBC have asked for my wife's SA302 for 2016 - 2017 to see if she claimed for Maternity pay in that year as she claimed for it in 2017-2018. Not sure why they are checking that.
  • SimonBck
    SimonBck Posts: 138 Forumite
    100 Posts First Anniversary Name Dropper
    HSBC have asked about a DMP that started over 6 years ago. It finished 2017. Hope this does not scupper my chances.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.3K Banking & Borrowing
  • 252.9K Reduce Debt & Boost Income
  • 453.2K Spending & Discounts
  • 243.3K Work, Benefits & Business
  • 597.8K Mortgages, Homes & Bills
  • 176.6K Life & Family
  • 256.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.