Are you looking for a broker to submit your HSBC mortgage application?
HSBC for Intermediaries is one of the few lenders almost offering a full range of mortgage products during the coronavirus pandemic.
Like many of the largest banks and building societies, the bank is increasingly relying on technology to get mortgages agreed and property valuations completed.
Trinity Financial’s brokers have access to HSBC’s fantastically priced fixed and tracker rates and they are available to borrowers purchasing a property or remortgaging.
The bank has withdrawn its five per cent deposit mortgages so applicants will need to have a ten per cent deposit to qualify.
Call Trinity Financial on 020 7016 0790 to secure an HSBC mortgage
HSBC offers a range of two, three, five and ten-year fixed-rate mortgages and they are normally very competitively priced.
HSBC for Intermediaries is using its computer systems to complete automated desktop valuations to confirm how much properties are worth. This is until the coronavirus passes and property valuers can inspect properties again.
HSBC for Intermediaries has a range of tracker rates without early repayment charges.
Trinity Financial's brokers consistently submit mortgage applications to HSBC using the bank's online system and secure fast mortgage offers. We understand how the bank operates and the documentation it requires.
We have access to case managers and business development managers to get mortgages agreed even if they do not necessarily fit HSBC's standard acceptance criteria. Over the years we have helped clients based all over the world to secure HSBC's fantastically cheap mortgages.
HSBC offers £1 million+ mortgages to borrowers with larger deposit and it often charges its standard £999 arrangement fee.
The bank does not increase the rate ensuring wealthier clients can secure larger mortgage loans with incredibly cheap rates.
HSBC is happy to provide interest-only mortgages to borrowers providing they meet the bank's acceptance criteria.
Single applicants requesting a residential interest-only mortgage will be required to have an annual minimum income of £100,000. For joint applications, at least one applicant must have an annual minimum income of £100,000.
With an interest-only loan, the maximum term is 25 years and the minimum term is 5 years. The maximum LTV is 75% for both remortgage or purchase applications dependent on the size of the loan.
Can I get interest-only with another lender?
Trinity Financial's brokers have access to around 50 lenders offering interest-only and most of them do not require borrowers to earn £100,000.
HSBC provides mortgages for second homes but all of the costs including the main residence will need to be serviced entirely from the applicant's salary.
- A maximum of two residential properties per applicant can be owned upon completion
- Applicants will need a 20% deposit to secure a mortgage for a second property and the maximum mortgage term is 30 years
- Both properties must be for occupation/use by the customer or immediate family, ie spouse, children or parent(s)
- All other outgoings including council tax, utility bills, insurance and property maintenance costs for any residential properties will be taken into consideration for affordability purposes
Get started today
Speak to one of our mortgage experts. Book an appointment to come and see us or request one of our experts to call you.
