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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.
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