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Do HSBC give you a continuous valuation like zoopla?

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If you are on 80% LTV Tracker, can you check your account/system and switch to a fix as soon as the LTV goes to 75% LTV based on their system valuation?
Even checking daily/weekly?

Or is it a valuation only when you apply to switch your rate - meaning you have to plan it right/cant apply every month?!

Thanks,

Comments

  • K_S
    K_S Posts: 6,877 Forumite
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    @iamiam If I'm not wrong the valuation indexes used by the lenders for indexed valuations are usually only updated every quarter (or month? I'm not sure). So I don't think there would be any change on a daily/weekly basis.

    I am a Mortgage Adviser - 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. 

    PLEASE DO NOT SEND PMs asking for one-to-one-advice, or representation.

  • IAMIAM
    IAMIAM Posts: 1,334 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    K_S said:
    @iamiam If I'm not wrong the valuation indexes used by the lenders for indexed valuations are usually only updated every quarter (or month? I'm not sure). So I don't think there would be any change on a daily/weekly basis.
    Thanks for this, is it viewable though? 
  • K_S
    K_S Posts: 6,877 Forumite
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    IAMIAM said:
    K_S said:
    @iamiam If I'm not wrong the valuation indexes used by the lenders for indexed valuations are usually only updated every quarter (or month? I'm not sure). So I don't think there would be any change on a daily/weekly basis.
    Thanks for this, is it viewable though? 
    @iamiam Sorry don't know how it works direct. I just use the lender's broker system to view it for my personal mortgages and for similar enquiries from clients (where they offer PTs through brokers).

    I am a Mortgage Adviser - 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. 

    PLEASE DO NOT SEND PMs asking for one-to-one-advice, or representation.

  • Hsbc broker system will display the index valuation but only by starting a rate switch and going half way through. 
    Halifax and natwest we can log in at aby point to see it just in the portal.  Not many othera have that though. Most will only show once starting a mock rate switch 
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