HSBC Mortgage application timelines

vi009na

FashionHeart said:

vi009na said:

FashionHeart said:

vi009na said:

My Story so far. Applied for 90% LTV

16th June: Got AIP from NatWest via broker charging too much fees and indirectly forcing me full application with NatWest. 

21st June: Applied to HSBC Mortgage which was good deal compare to NatWest. Also, via fee free broker. All documents submitted upfront.

25th June: Additional clarification requested on monthly commitment. Provided required info and silence since then.

Unaware of proceedings at the moment. Whether valuation booked or not, any further queries from HSBC for me. Chased broker today regarding same.
Hoping for the best. Lets see.

You've applied literally at the same time as us then. We are still waiting for some update or news...however I think it's because our case is slightly complex as we're not applying through FTB (although I am eligible to do that), but it's a remortgage on the property I'm currently living in right now (which is owned by my sister and her husband) and my name needs to be on it.

We are applying with HSBC which makes sense for us because we've been banking with them for about 20 years now.
Would've thought this would be our advantage and even applying through a broker but turning out not to be the case!

Please do post any updates your end 

No updates so far from Broker. Its just waiting game... too impatient. 
did you hear anything back so far? HSBC seems slow for my case 

Yes.
Yesterday my broker had said HSBC requested me to send my job offer letter of employment.
I sent it straight away literally last night for him to upload so Underwriter could review.
Now just another waiting game frustratingly....

But at least I now know our application is somewhere in the pile amongst others (including yourself)!

I feel like my broker ignoring me. Dis not respond to my email yet. Today I am going to send another email adn probably call in the evening.

My case is fairly simple and since the eos no update since last Friday... I am thinking my broker opening my file on Fridays only 😂

Hsbc might have done valuation already or may be waiting for something since Monday but my broker is not looking at it it seems.... Just my -ve thoughts I gueaa

vi009na

vi009na said:

FashionHeart said:

vi009na said:

FashionHeart said:

vi009na said:

My Story so far. Applied for 90% LTV

16th June: Got AIP from NatWest via broker charging too much fees and indirectly forcing me full application with NatWest. 

21st June: Applied to HSBC Mortgage which was good deal compare to NatWest. Also, via fee free broker. All documents submitted upfront.

25th June: Additional clarification requested on monthly commitment. Provided required info and silence since then.

Unaware of proceedings at the moment. Whether valuation booked or not, any further queries from HSBC for me. Chased broker today regarding same.
Hoping for the best. Lets see.

You've applied literally at the same time as us then. We are still waiting for some update or news...however I think it's because our case is slightly complex as we're not applying through FTB (although I am eligible to do that), but it's a remortgage on the property I'm currently living in right now (which is owned by my sister and her husband) and my name needs to be on it.

We are applying with HSBC which makes sense for us because we've been banking with them for about 20 years now.
Would've thought this would be our advantage and even applying through a broker but turning out not to be the case!

Please do post any updates your end 

No updates so far from Broker. Its just waiting game... too impatient. 
did you hear anything back so far? HSBC seems slow for my case 

Yes.
Yesterday my broker had said HSBC requested me to send my job offer letter of employment.
I sent it straight away literally last night for him to upload so Underwriter could review.
Now just another waiting game frustratingly....

But at least I now know our application is somewhere in the pile amongst others (including yourself)!

I feel like my broker ignoring me. Dis not respond to my email yet. Today I am going to send another email adn probably call in the evening.

My case is fairly simple and since the eos no update since last Friday... I am thinking my broker opening my file on Fridays only 😂

Hsbc might have done valuation already or may be waiting for something since Monday but my broker is not looking at it it seems.... Just my -ve thoughts I gueaa

Got call from MB, and she said valuation of property was instructed but she cannot see if it was done or the date it is supposed to happen. Asked me to check with estate agent if they have idea about it. It was pretty strange. 

Also, told me she will update me tomorrow or Monday about latest. They are waiting for response from underwriter for the queries answered by MB. 

Feeling like i am wasting my time with HSBC. NatWest seems very fast on other thread  

FashionHeart

vi009na said:

vi009na said:

FashionHeart said:

vi009na said:

FashionHeart said:

vi009na said:

My Story so far. Applied for 90% LTV

16th June: Got AIP from NatWest via broker charging too much fees and indirectly forcing me full application with NatWest. 

21st June: Applied to HSBC Mortgage which was good deal compare to NatWest. Also, via fee free broker. All documents submitted upfront.

25th June: Additional clarification requested on monthly commitment. Provided required info and silence since then.

Unaware of proceedings at the moment. Whether valuation booked or not, any further queries from HSBC for me. Chased broker today regarding same.
Hoping for the best. Lets see.

You've applied literally at the same time as us then. We are still waiting for some update or news...however I think it's because our case is slightly complex as we're not applying through FTB (although I am eligible to do that), but it's a remortgage on the property I'm currently living in right now (which is owned by my sister and her husband) and my name needs to be on it.

We are applying with HSBC which makes sense for us because we've been banking with them for about 20 years now.
Would've thought this would be our advantage and even applying through a broker but turning out not to be the case!

Please do post any updates your end 

No updates so far from Broker. Its just waiting game... too impatient. 
did you hear anything back so far? HSBC seems slow for my case 

Yes.
Yesterday my broker had said HSBC requested me to send my job offer letter of employment.
I sent it straight away literally last night for him to upload so Underwriter could review.
Now just another waiting game frustratingly....

But at least I now know our application is somewhere in the pile amongst others (including yourself)!

I feel like my broker ignoring me. Dis not respond to my email yet. Today I am going to send another email adn probably call in the evening.

My case is fairly simple and since the eos no update since last Friday... I am thinking my broker opening my file on Fridays only 😂

Hsbc might have done valuation already or may be waiting for something since Monday but my broker is not looking at it it seems.... Just my -ve thoughts I gueaa

Got call from MB, and she said valuation of property was instructed but she cannot see if it was done or the date it is supposed to happen. Asked me to check with estate agent if they have idea about it. It was pretty strange. 

Also, told me she will update me tomorrow or Monday about latest. They are waiting for response from underwriter for the queries answered by MB. 

Feeling like i am wasting my time with HSBC. NatWest seems very fast on other thread  

I feel exactly the same sometimes with my broker, although he has been communicating with us a fair bit during the process.

I just hope everything gets approved ASAP so that I can stop having anxiety attacks over it!

EDIT: Just noticed HSBC has done a credit check today so not sure if things are still progressing?

FashionHeart

tracy_l said:

Hi,
Did the hard search show any mortgage amount? I recently applied Hsbc mortgage, and saw a hard credit search with amount 0! Is this a bad sign? 

Mine shows the same, any update from you regarding this?
Actually I think this was the same when I was enquiring a mortgage through Halifax and my search results showed amount as £0 too...

vi009na

FashionHeart said:

tracy_l said:

Hi,
Did the hard search show any mortgage amount? I recently applied Hsbc mortgage, and saw a hard credit search with amount 0! Is this a bad sign? 

Mine shows the same, any update from you regarding this?
Actually I think this was the same when I was enquiring a mortgage through Halifax and my search results showed amount as £0 too...

Interestingly I can see hard search on 21st June itself with £0.

Also, yesterday got call from broker saying hsbc approved mortgage however 1400 gbp less than asked for.

When I checked experian I think.u total outstanding was 14k due to leased car and 2 loans of 3.5k each 😂

Now they went back to hsbc asking full amount with increased term by one more year. Will confirm me on Monday whether full or less amount.

Interestingly when I asked about valuation of property they said they can't see its done yet though instructed on 21st June itself. So not sure what it means approved or approved subject to valuation.

vi009na

vi009na said:

FashionHeart said:

tracy_l said:

Hi,
Did the hard search show any mortgage amount? I recently applied Hsbc mortgage, and saw a hard credit search with amount 0! Is this a bad sign? 

Mine shows the same, any update from you regarding this?
Actually I think this was the same when I was enquiring a mortgage through Halifax and my search results showed amount as £0 too...

Interestingly I can see hard search on 21st June itself with £0.

Also, yesterday got call from broker saying hsbc approved mortgage however 1400 gbp less than asked for.

When I checked experian I think.u total outstanding was 14k due to leased car and 2 loans of 3.5k each 😂

Now they went back to hsbc asking full amount with increased term by one more year. Will confirm me on Monday whether full or less amount.

Interestingly when I asked about valuation of property they said they can't see its done yet though instructed on 21st June itself. So not sure what it means approved or approved subject to valuation.

Forgot to mention my score was 995 and can see hard search and every single day soft searches by hsbc and today score is 997 😂😂

FashionHeart

vi009na said:

FashionHeart said:

tracy_l said:

Hi,
Did the hard search show any mortgage amount? I recently applied Hsbc mortgage, and saw a hard credit search with amount 0! Is this a bad sign? 

Mine shows the same, any update from you regarding this?
Actually I think this was the same when I was enquiring a mortgage through Halifax and my search results showed amount as £0 too...

Interestingly I can see hard search on 21st June itself with £0.

Also, yesterday got call from broker saying hsbc approved mortgage however 1400 gbp less than asked for.

When I checked experian I think.u total outstanding was 14k due to leased car and 2 loans of 3.5k each 😂

Now they went back to hsbc asking full amount with increased term by one more year. Will confirm me on Monday whether full or less amount.

Interestingly when I asked about valuation of property they said they can't see its done yet though instructed on 21st June itself. So not sure what it means approved or approved subject to valuation.

Hopefully we get some news next week about our application.
Feels like forever waiting the way things are going and anxious about the outcome! 🙄😂

Especially as we need to get our house valued but even that takes an extra few weeks!

FashionHeart

vi009na said:

FashionHeart said:

tracy_l said:

Hi,
Did the hard search show any mortgage amount? I recently applied Hsbc mortgage, and saw a hard credit search with amount 0! Is this a bad sign? 

Mine shows the same, any update from you regarding this?
Actually I think this was the same when I was enquiring a mortgage through Halifax and my search results showed amount as £0 too...

Interestingly I can see hard search on 21st June itself with £0.

Also, yesterday got call from broker saying hsbc approved mortgage however 1400 gbp less than asked for.

When I checked experian I think.u total outstanding was 14k due to leased car and 2 loans of 3.5k each 😂

Now they went back to hsbc asking full amount with increased term by one more year. Will confirm me on Monday whether full or less amount.

Interestingly when I asked about valuation of property they said they can't see its done yet though instructed on 21st June itself. So not sure what it means approved or approved subject to valuation.

Actually looking back at my Experian credit report today - the check has completely disappeared from my checks list...?
Did it also show as 'Unregistered Enquiry' on your credit report check?

vi009na

FashionHeart said:

vi009na said:

FashionHeart said:

tracy_l said:

Hi,
Did the hard search show any mortgage amount? I recently applied Hsbc mortgage, and saw a hard credit search with amount 0! Is this a bad sign? 

Mine shows the same, any update from you regarding this?
Actually I think this was the same when I was enquiring a mortgage through Halifax and my search results showed amount as £0 too...

Interestingly I can see hard search on 21st June itself with £0.

Also, yesterday got call from broker saying hsbc approved mortgage however 1400 gbp less than asked for.

When I checked experian I think.u total outstanding was 14k due to leased car and 2 loans of 3.5k each 😂

Now they went back to hsbc asking full amount with increased term by one more year. Will confirm me on Monday whether full or less amount.

Interestingly when I asked about valuation of property they said they can't see its done yet though instructed on 21st June itself. So not sure what it means approved or approved subject to valuation.

Actually looking back at my Experian credit report today - the check has completely disappeared from my checks list...?
Did it also show as 'Unregistered Enquiry' on your credit report check?

Yes. All soft searches show unregistered enquiry. Only hard search shows as First Mortgage.

Your house valuation was done or scheduled already?

FashionHeart

vi009na said:

FashionHeart said:

vi009na said:

FashionHeart said:

tracy_l said:

Hi,
Did the hard search show any mortgage amount? I recently applied Hsbc mortgage, and saw a hard credit search with amount 0! Is this a bad sign? 

Mine shows the same, any update from you regarding this?
Actually I think this was the same when I was enquiring a mortgage through Halifax and my search results showed amount as £0 too...

Interestingly I can see hard search on 21st June itself with £0.

Also, yesterday got call from broker saying hsbc approved mortgage however 1400 gbp less than asked for.

When I checked experian I think.u total outstanding was 14k due to leased car and 2 loans of 3.5k each 😂

Now they went back to hsbc asking full amount with increased term by one more year. Will confirm me on Monday whether full or less amount.

Interestingly when I asked about valuation of property they said they can't see its done yet though instructed on 21st June itself. So not sure what it means approved or approved subject to valuation.

Actually looking back at my Experian credit report today - the check has completely disappeared from my checks list...?
Did it also show as 'Unregistered Enquiry' on your credit report check?

Yes. All soft searches show unregistered enquiry. Only hard search shows as First Mortgage.

Your house valuation was done or scheduled already?

Not heard from my broker yet, but I'm assuming (and hoping) the house valuation would be arranged sometime next week - with all things being well.

Have you had your house valued yet?