We're currently making improvements to our Online Banking service.
If you registered for Online Banking prior to the 17th December 2014 it's not possible for you to activate your existing Secure Key and you will need to re-start your registration.
If you registered for Online Banking after this date, please log on to Online Banking entering your username, memorable answer and your password, from here you will be prompted to activate your Secure Key.
We apologise for any inconvenience which this delay may cause. Once you are registered, we look forward to introducing you to Online Banking, including the exciting enhancements we're working on now.
We are making it easier for first time buyers to get on the property ladder
A 95% loan to value (LTV) mortgage allows you to borrow up to 95% of your property value or the purchase price, whichever is lower - this means that you only need to contribute a minimum 5% deposit.
You can calculate your LTV by dividing the amount you want to borrow by the value of the property / purchase price then multiplying this figure by 100. Here is an example, if your purchase price is £200,000 and you have a £10,000 deposit, you would need to borrow £190,000. The LTV calculation would be £190,000/£200,000 x 100, which in this example would mean that your LTV ratio is 95%.
95% mortgages are only available on our residential product range if you're purchasing a property with a loan size of up to £400,000. The maximum amount we will lend will depend on your individual financial situation, your other circumstances, the property you are looking to buy and the type of mortgage you choose.
Here are a few considerations
Please bear in mind that your monthly mortgage payments will be higher with a 95% mortgage when compared to a mortgage with a lower LTV.
You always need to consider the risk of borrowing a higher amount secured on your property. If the value of the property falls below the amount of the outstanding loan, you may find it difficult to repay the mortgage if you sell the property.
It is important to consider the amount of deposit you are able to put in yourself. Lower interest rates may be available to you should you be able to provide a larger deposit.
To get an estimate on how much you could borrow, get a Decision in Principle.
It only takes 10 minutes and this will not appear on your credit file.
Step 1 - Call us to get a Decision in Principle.
Step 2 - Provide us with your supporting documents.
Step 3 - Arrange an appointment with a Mortgage Advisor who will provide you with advice and guide you through your application.
Step 1 - Visit your local branch and get a Decision in Principle.
Step 2 - Arrange an appointment with a Mortgage Advisor and provide us with your supporting documents.
Step 3 - Your Mortgage Advisor will provide you with advice and guide you through your application.
Step 1 - Get a Decision in Principle online now.
Step 2 - You can choose to receive mortgage advice after receiving your Decision in Principle or, if you already know which mortgage you wish to apply for, you can complete your application entirely online, however you will not receive advice.
As part of your home purchase you will require a solicitor or licensed conveyancer to represent you, HSBC will also require a solicitor or conveyancer to act on its behalf.
How do I secure the mortgage interest rate?
You are able to secure your interest rate when your application has been successfully underwritten and approved. Depending on the interest rate, this can sometimes require payment of a booking fee.
Can I use my own valuers?
While you can arrange for your own valuer to carry out a comprehensive inspection and valuation on your behalf, e.g. a Homebuyers Report or Building Survey, we will need to obtain our own valuation for purchase, remortgage and homeowner loan applications to ensure the property we are lending against provides suitable security. We don't charge a fee for the preparation of the valuation we require on our residential or Buy to Let mortgages. The valuer that we use may be able to carry out a Homebuyers Report or Building Survey for you. See our Valuation Fee Scale for details on costs.
Do you lend on new build properties?
We may lend up to a maximum of 85% Loan to Value (LTV) on New Build Properties. If you have a LTV greater than 75% you will be required to have a minimum deposit of £25,000.
A New Build Property is defined as:
a building that has been built in the last 24 months which includes property bought directly from a builder or developer
a property that has yet to be occupied for the first time
a property that is yet to be occupied in its current form, for example following a renovation or conversion
The property you are purchasing must have an HSBC recognised satisfactory Structural Defects Warranty.
What documents and information will I need for my mortgage appointment?
Print off our Mortgage Appointment Checklist which has a full list of the documents and information you will need to provide at your mortgage appointment.
HSBC Premier eligibility criteria:
HSBC Premier is available to you, as long as you pay your annual income into your HSBC Premier Bank Account and either:
have savings or investments of at least ï¿½50,000 with HSBC in the UK; or
have an individual annual income of at least ï¿½100,000 and one of the following products with HSBC in the UK:
an investment, life insurance or protection product;
Or, qualify for HSBC Premier in another country.
Please note: HSBC in the UK excludes M&S Bank, first direct and HSBC Expat. For the second criteria, in the case of a joint account, at least one of the parties must have an individual annual income of at least ï¿½100,000. The investment, life insurance or protection products also include those purchased through one of HSBC's advisers.
This link may allow you to access a non-HSBC website. HSBC has no control over the linked website and is not liable for your use of it. proceed
What is the Help to Buy: mortgage guarantee?
Many credit-worthy people are finding it difficult to get a mortgage today because of the large deposits needed following the financial crisis. To help address this, the Government has created the Help to Buy: mortgage guarantee scheme to increase the number of low-deposit mortgage available for credit-worthy households.
How does it work?
Under the scheme, the Government offers mortgage lenders the option to purchase a guarantee on mortgages for a new or existing property, where a borrower has a deposit of between 5% and 20%. Because of this support, participating lenders are able to offer more mortgages to borrowers with small deposits.
How does it benefit me?
If you can afford to repay a mortgage but don?t have a large deposit, this scheme will benefit you by giving you access to low deposit mortgages. This means you won?t have to wait and save up for a large deposit to buy or move home.
Does the scheme guarantee my payments?
The scheme does not guarantee your payments. You are responsible for paying your mortgage under this scheme in exactly the same way as any other mortgage. The benefit to you is the ability to get a mortgage with a lower deposit.
If you would like advice as to which of our mortgages may be suitable for you, make an appointment to see one of our Mortgage Advisors. They will review your financial situation and will provide advice and recommendation as to which HSBC mortgage product is most suitable for you based on the information you provide. Please note, that HSBC does not offer or provide advice in relation to Buy to Let mortgages.
You can apply online whenever it suits you. However, by choosing to apply online you will not receive advice in respect to your mortgage and we are not required to assess the suitability of the mortgage product(s) that you select. This means you won't benefit from the protection provided to consumers by the Financial Conduct Authority's rules which otherwise require mortgage lenders to assess the suitability of such mortgage product(s) for you. As a responsible lender, we will also consider whether your mortgage payments and any associated repayment strategies meet our credit policy.
If at any point you'd like some help, simply call our specialist mortgage team on 0800 032 4706 or visit your local HSBC branch where we'll be happy to discuss your requirements.
Apply by phone
Call us on 0800 169 6333
† Lines open Monday to Friday 8am -ï¿½9pm, Saturday 8am - 8pm Sunday 9am - 6pm. Calls may be monitored and recorded. Opening hours within the mortgage departments may vary.