Skip to content

Avatar
Log In
Please consider registering
Guest
Forum Scope


Match



Forum Options



Min search length: 3 characters / Max search length: 84 characters
Register Lost password?
sp_TopicIcon
Ms
Avatar
@51
1 Posts
(Offline)
1
13/01/2021 - 11:10 am

Hi

I have a good credit score according to Experian but do have late payment history on my mortgage over 2 years old. I have applied for a mortgage with HSBC and received a mortgage in principle but now worried about the check on the history. Would I be better looking elsewhere rather than progressing with HSBC. I have a 10% deposit for a new mortgage and have had an offer on a property accepted.

Avatar
David@SimplyAdverse
111 Posts
(Offline)
2
13/01/2021 - 11:11 am

Hi, thanks for getting in contact.

HSBC aren't renowned for flexibility when it comes to credit issues however if you have an existing relationship with them that may work in your favour.

That said, they are one of the few lenders still offering mortgages with a 10% deposit so should this application not be successful there is a good chance you would need to increase your deposit to at least 15%.

Forum Timezone: Europe/London
All RSSShow Stats
Administrators:
admin
Paul Carmen
SabinaC
Moderators:
Adam@SimplyAdverse
Sarah@SimplyAdverse
David@SimplyAdverse
Liam@SimplyLending
Hayley@simplyadverse
Top Posters:
beepboopbeep: 12
jrlsmc890: 12
walt46: 11
Allison79mw: 11
ashley_987: 10
nursek: 9
Redpanther89: 9
Fiona951753: 7
M_wannabe: 6
RussH: 6
Newest Members:
adult porn videos
HowardflolA
RaymondSooca
pentti
42Ki
CarmineChogs
LouieBit
DfertaWaw
Juliavup
ElvasTag
Forum Stats:
Groups: 1
Forums: 12
Topics: 165
Posts: 581

 

Member Stats:
Guest Posters: 0
Members: 1170
Moderators: 5
Admins: 3
Most Users Ever Online: 207
Currently Online:
Guest(s) 1
Currently Browsing this Page:
1 Guest(s)

Read Our Latest Reviews

4.95 Average - Based on 3267 Reviews

Your home may be repossessed if you do not keep up repayments on your mortgage.