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HSBC BBLS personal account to feeder

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  • Danrover82
    Danrover82 Posts: 75 Forumite
    10 Posts Name Dropper
    twister24 said:
    Hi all 
    So aftrr 10 days it seems that HSBC have sent a letter out stating there is a problem with the loan as its a personal account, all be it used solely for business.

    I've just been advised over the phone to apply for a temp feeder account and RE APPLY for the BBL. 

    Has anyone had this issue and does it have a promising end? 
    Hello Danrover82 I remembered you was on the same boat as me just an update I did applied for the business account is open now and I’ve applied from there so I am on the waiting mode just a heads up when I’ve talked with business dep they advised me that it will takemore time to open feeder account vs business if you already a personal account holder! Good luck
    Cheers for this. 
    I've had the application forms filled in for the Feeder. Just waiting on the checks which I hope will go through despite having a poor credit score at moment.   I don't have a active BBL application with them so waiting to see what Santander say too. Which I'm sure will be a NO 
    I've been told that the checks for HSBC should be early in week and them my case manager will keep me posted on progress from there. 

    Due to the delays and the misinformation given at start, my MP is also fighting this, so hope she packs a punch 😂


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