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HSBC Mortgage application timelines
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Self employed (ltd company) + directly with HSBC
(8th April 23 Monday) Requested application appointment on
(9th April 23 Tuesday) Mortgage advisor reached out introducing himself
(9th/10th Tuesday/Wednesday) Request for documents before application appointment
(11th of April Thursday) Application submitted
(...) credit check
(15th Monday) Approved mortgage
Note:I'm FTB, not an expert, all my comments are from personal experience and not a professional advice.Mortgage debt start date = 25/10/2024 = 175k (5.44% interest rate, 20 year term)
Q4/2024 = 139.3k (5.19% interest rate)
Q1/2025 = 125.3k (interest rate dropped from 5.19% - 4.69%)
Q2/2025 = 109.2K (interest rate 4.44%)0 -
confusedftb said:Applied with HSBC via a broker
Feb 22 - Application made full application
Feb - Apr - Lots of back and forth asking for information and supporting documentation
Apr 9 - Offer received
Apr 16 - Amendment form submitted due to 1st seller pulling out because of delay and he losing faith.
April 17-18 - Latest bank statement requested
April 22 - Valuation done and passed. seems like a desktop valuation and no visit was arranged.
Waiting and praying hard to get the updated offer asap. Currently showing 11 working days to review amendment forms.0 -
Jami74 said:Mar 15th - DIP (Friday)
Mar 17th - Full application (Sunday)
Mar 18th - Desktop valuation text received (Monday)
Mar 26th - Additional documents requested (Tuesday)
Mar 30th - Offer documents received (Saturday)
13 days from full application, includes 1 bank holiday and 3 weekend days.0
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