Full application HSBC

Tashco

Old the threads I’ve seen are years old so I’m making a new one. Tsb we’re dragging their feet 2 weeks and they hadn’t even submitted my full application and advisor was too busy for appointment , worried about seller putting house back on market so I applied online in full (after receiving dip) with hsbc. It says ‘decision obtained m’ agreed to full credit check. I want to know What were your timescales recently? And it seems hsbc are doing valuations before they ask for your documents which I find really strange. Anyone going through the same process care to enlighten me . First time buyer and have nooo idea what to expect . Also no chain on either side 

Rosy_Apple

Hello, 

We have recently applied for a HSBC mortgage- I added our timeline to this thread - https://forums.moneysavingexpert.com/discussion/6253485/hsbc-mortgage-application-timelines#latest
Whilst the first page is old, the last posts are more recent. 

Our valuation was done after (last Thursday) they had approved us for lending according to the broker. We are waiting for the outcome at the moment. 

Tashco

Rosy_Apple said:

Hello, 

We have recently applied for a HSBC mortgage- I added our timeline to this thread - https://forums.moneysavingexpert.com/discussion/6253485/hsbc-mortgage-application-timelines#latest
Whilst the first page is old, the last posts are more recent. 

Our valuation was done after (last Thursday) they had approved us for lending according to the broker. We are waiting for the outcome at the moment. 

Wow that was fast!!! 

Rosy_Apple

Yes, speedy so far! The broker anticipates an offer by the end of this week. I just want to know the valuation has come back satisfactorily, it was either a desktop one or drive by as noone visited the property, I can't decide if it is better or worse!

Rosy_Apple

Ironically- HSBC have just confirmed that the valuation didn't take place on Thursday (they aren't sure why the system suggests it was) and a physical one will be happening on Wednesday this week. I feel like this still isn't a bad timeline.

Tashco

Still good, I just received a text to say their 2 weeks behind schedule -_- for new applications . I hope they exaggerated this lol 

AilieG01

We are also waiting on HSBC. Applied through a broker on 27/1 but haven’t heard anything yet. 

Tashco

AilieG01 said:

We are also waiting on HSBC. Applied through a broker on 27/1 but haven’t heard anything yet. 

Hopefully you will hear something soon and fast! We submitted all our docs today via the uploader and it’s been sent straight to underwriters already, I ’m NERVOUS as anything right now!!! Also pressure doesn’t help our landlords selling our property and we need things moving quickly for us x

AilieG01

@Tashco we haven’t been given any way of logging in to track the mortgage so don’t know if that’s better or worse. If I could track it, think I would be looking every two seconds!x

Tashco

@AilieG01 I haven’t been given a way to login either . I don’t know what’s worse because I would be checking every moment too  

AilieG01

Hi @Tashco have you heard anything yet? Our broker said he is giving them til Monday and if he hasn’t heard anything then he will get in touch with them. I was hoping they had booked a valuation by now so think I will email the estate agent.