Applying for an HSBC mortgage
Your step-by-step guide to what you need to do and how long it will take
When you've found the home of your dreams and had your offer accepted, it's time to get a full decision on your mortgage application.
Ready to apply?
The process is slightly different depending on the route you chose and whether you want advice about your mortgage. Take a look at our step-by-step guides below to see what's involved .
Applying in branch with mortgage advice
1. Apply for a Decision in Principle
A Decision in Principle will give you an indication of the amount you may be able to borrow based on what you tell us and our security checks, including a soft credit check. A soft credit check is not a full credit check but will include an enquiry against your credit history. When it comes to considering your application, we'll perform a full credit check, which may highlight anything in your credit history that would affect a mortgage application.
You'll receive a Decision in Principle certificate, which is useful to have if you're house hunting, to show Estate Agents that you're serious about buying a property.
Did you know? You can apply for a quick Decision in Principle online and continue the rest of your application at your local branch if you need advice. All you need to do is to click on 'Find out more' on the Online tab, then ensure that you select the option for advice when prompted. Once you complete your Decision in Principle online you can request an appointment.
2. Complete an application
You can complete your application in branch with one of our qualified Mortgage and Protection Managers who will review your mortgage and protection needs. They'll recommend, where possible, the most suitable HSBC mortgage based on your individual circumstances.
3. Mortgage Decision
Once your mortgage application and supporting documents have been reviewed, we'll advise you of our decision.
4. Mortgage Offer Document
If your application is successful, we'll issue your Mortgage Offer Document. This will be subject to a satisfactory valuation (if required) and any other appropriate conditions of lending.
5. Valuation
If we require your property to be valued, we'll arrange a standard valuation to ensure the property is adequate security for the loan you've requested. You can choose to commission a more comprehensive inspection to find out if the property is worth the price you're paying for it, and whether it has any structural defects or needs any repairs.
6. Completion
This is the point at which the funds for your mortgage have been released.
Applying over the phone with mortgage advice
1. Apply for a Decision in Principle
Give us a call and we can take you through a Decision in Principle. A Decision in Principle will give you an indication of the amount you may be able to borrow based on what you tell us and our security checks, including a soft credit check. A soft credit check is not a full credit check but will include an enquiry against your credit history. When it comes to considering your application, we'll perform a full credit check, which may highlight anything in your credit history that would affect a mortgage application. You'll receive a Decision in Principle certificate, which is useful to have if you're house hunting, to show Estate Agents that you're serious about buying a property.
Did you know? You can apply for a quick Decision in Principle online and continue the rest of your application with one of our telephone advisors if you need advice. Our advisors should be able to find your application and carry on using the information you have already provided online. All you need to do is to click 'Find out more' on the Online tab, then ensure that you select the option for advice when prompted. Once you complete your Decision in Principle online you can request an appointment.
2. Complete an application
You can complete your application over the phone with one of our qualified Mortgage Advisors who will review your needs and recommend, where possible, the most suitable HSBC mortgage based on your individual circumstances.
3. Valuation
If we require your property to be valued, we'll arrange a standard valuation to ensure the property is adequate security for the loan you've requested. You can choose to commission a more comprehensive inspection to find out if the property is worth the price you're paying for it, and whether it has any structural defects or needs any repairs.
4. Mortgage Decision
Once your mortgage application and supporting documents have been reviewed, we'll advise you of our decision.
5. Mortgage Offer Document
If your application is successful, we'll issue your Mortgage Offer Document. This may be subject to any appropriate conditions of lending.
6. Completion
This is the point at which the funds for your mortgage have been released.
Applying online, without advice
1. Apply for your Decision in Principle
Simply complete your Decision in Principle online. A Decision in Principle will give you an indication of the amount you may be able to borrow based on what you tell us and our security checks , including a soft credit check. A soft credit check is not a full credit check but will include an enquiry against your credit history. When it comes to considering your application, we'll perform a full credit check, which may highlight anything in your credit history that would affect a mortgage application.
You'll receive a Decision in Principle certificate, which you'll be able to view and print immediately. This is useful to have if you're house hunting, to show Estate Agents that you're serious about buying a property.
2. Complete an application
You can complete your application online whenever it's convenient for you.
3. Valuation
If we require your property to be valued, we'll arrange a standard valuation to ensure the property is adequate security for the loan you've requested. You can choose to commission a more comprehensive inspection to find out if the property is worth the price you're paying for it, and whether it has any structural defects or needs any repairs.
4. Mortgage Decision
Once your mortgage application and supporting documents have been reviewed, we'll advise you of our decision.
5. Mortgage Offer Document
If your application is successful, we'll issue your Mortgage Offer Document. This may be subject to any appropriate conditions of lending.
6. Completion
This is the point at which the funds for your mortgage have been released.
