What happens when your payment holiday ends?
Before your payment holiday ends, we’ll send you a letter detailing your new monthly payments and explain your options. You’ll need to wait until you receive this letter before deciding what you want to do.
What if you want to review your new payments
Financial Conduct Authority guidance (FCA)
How and when can I take my mortgage payment holiday?
What should I consider?
Who can I speak with to get independent advice?
Reduce your monthly payments
Apply for another payment holiday
This is only available if you have taken less than 6 months payment holiday in total and it’ll follow on directly from your current one.
Dealing with financial difficulty
Filling in an income and expenditure form can help us understand your current financial position and find the best solution we have available to support you. It’s a series of questions about your income and outgoings (such as salary and mortgage payments or rent) to help us assess your circumstances. The form should only take around 10 to 15 minutes to complete.
Filling in the form out won’t impact your credit file. However, depending on your circumstances, some of the solutions we offer may do. If this is the case, we’ll let you know.
Who needs to fill in an income and expenditure form?
For mortgage repayment support, if you’re a joint account holder, you’ll also need to complete the partner income section of the form. You only need to complete one form between you – rather than one per named account holder.
Completing the form
You’ll need to give:
- basic information about yourself
- your current employment status
- your current monthly income and expenditure information
Be as precise as you can so we get an accurate view of your current financial position.
If you have a joint debt with another HSBC customer, you’ll also have to provide their income and details of any shared household bills.
If you’re signed up to Open Banking, you can save time by choosing to have information from your bank statements and bills pre-populated. If you use mobile banking, this process is best completed on your mobile phone.
We’ll summarise your income and expenditure information before you submit the form. At this stage you’ll be able to make edits if you wish to change something.
You’ll only need to do this once, even if you hold multiple products with HSBC.
If you need to speak to us, you can also call one of these numbers:
Mortgages: 0345 850 0633
Credit cards, loans or overdrafts: 0345 850 0622
- Monday - Friday 08:00 - 18:00
- Saturday 08:00 - 16:00
What happens next?
Once you’ve submitted the form, we’ll contact you within 2 working days to let you know what options are available to you. Please note: if you need support it’s important to fill out the income and expenditure form as soon as possible. This will give us time to find the right solution for you.
There’s no need to contact us, we’ll keep you informed every step of the way.