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HSBC self employed & some debt..what are the chances?

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Hi, I am looking for some information about our chances of getting a HSBC mortgage. I work in the NHS part-time and I am also self employed (2 years books). My husband is self employed, director of LTD company. 
We recieved our Agreement in Principle for the amount we want  on 03/08/20, full application submitted on 14/08/2020 via a HSBC mortgage advisor. Our application is with the underwriters. Im so nervous about it not going through because of our self employed status and some debt. Does anyone have any experience with this? 

Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Your personal circumstances are going to be different to other applicants. Makes the outcome difficult to forecast. 
  • Your personal circumstances are going to be different to other applicants. Makes the outcome difficult to forecast. 
    Thank you. I was just wondering if people had any positive experiences worth sharing 🤞
  • csgohan4
    csgohan4 Posts: 10,600 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    Your personal circumstances are going to be different to other applicants. Makes the outcome difficult to forecast. 
    Thank you. I was just wondering if people had any positive experiences worth sharing 🤞
    there have been several HSBC threads on here, bare in mind HSBC are among the strictest lenders around and your case is not standard or simple. 

    Depending on your tax returns, and debt and company performance it will be all assessed by the underwriters,

    Other people getting a mortgage with HSBC does not imply you will get 100% success. It is individual and specific, no one application is the same
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
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