Applying for a mortgage with HSBC is simple. It involves two key stages: getting a Decision in Principle (sometimes called an Agreement in Principle), then making a mortgage application.
I’m employed and my latest payslip includes Government income support
Getting your Decision in Principle
Applying for a Decision in Principle can be done over the phone, in branch or 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 will include an initial enquiry against your credit history and it will have no impact on your credit score. This won’t be seen in searches by other companies
- 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. A full credit check is a complete check against your credit history which is recorded on your credit file and is visible in searches by other companies
- a Decision in Principle is useful to have if you are house hunting, to show estate agents that you’re serious about buying a property. Please note a Decision in Principle is not an offer to lend to you and does not mean you are committing to apply for a HSBC mortgage
Get a Decision in Principle now
After receiving your Decision in Principle you can choose to receive mortgage advice 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.
Due to the coronavirus, we’re directing all applicants with any form of self-employed income to apply by telephone or attend a video appointment using Zoom.
You can complete your Decision in Principle online, then call us to book an appointment with one our advisors.
There's currently a temporary Stamp Duty holiday for homebuyers in England and Northern Ireland. Learn more about Stamp Duty.
This Stamp Duty holiday is due to end on 31 March 2021.
It’s important that you’re aware of the following information:
- we can’t guarantee your purchase will complete by 31 March 2021
- if you choose to use a non-HSBC panel conveyancer, this may result in a longer transaction length when compared with using a HSBC panel conveyancer
- if your purchase does not complete before the end of the Stamp Duty holiday, you may need to pay Stamp Duty
- your chosen conveyancer will be able to advise you of any impact the end of the Stamp Duty holiday may have on your purchase
Are you applying online as:
- A new customer
- An existing customer who is not registered for Online Banking
- Existing HSBC customer who is registered for Online Banking
Get a Decision in Principle by phone or in branch
Applying for a mortgage
The actual process of making a mortgage application – after you’ve got your Decision in Principle – can be done over the phone, in branch or online.
You will be asked to provide relevant documents to support your application.
Think carefully before securing other debts against your home.
Your home may be repossessed if you do not keep up repayments on your mortgage.
What happens next?
Once you’ve submitted your documents to support your application, the following are the key next steps:
- we’ll arrange a valuation of the property
- if your mortgage application is approved, we’ll send you an offer
- after this, the legal work will be conducted
- once all the legal work is finished, your HSBC mortgage will be complete
Existing customer switching rates
If you're an existing HSBC mortgage customer interested in switching to a new mortgage rate, we can help you look at your options.
Started a mortgage application over the phone, in branch or online? Log in to complete your application or track its progress.