Get your customer’s application to offer as quickly as possible by providing the correct documentation upfront.
Here’s a reminder of what we need for new applications:
Employed customers
- Latest payslip required in all instances.
- Income affected by Covid-19? Please add a note in the free format box on the broker platform explaining how the income has been affected and the date affected from, before submitting the case. Please include as much detail as possible as this may avoid an underwriter having to contact you to request further information.
- For Furloughed employees, please provide a letter from the employer if the furloughed/top-up income cannot be evidenced from the latest payslip.
Self-employed customers
Sole Trader, Partnerships, LLPs with less than 200 partners
- Last two years Tax Calculation and corresponding Tax Year Overviews.
- Income affected by Covid-19? Please add a note in the free format box on the broker platform explaining how the income has been affected and the date affected from, before submitting the case. Please also include the following information as this may avoid an underwriter having to contact you to request further information:
- The specific nature of the customer’s business? (e.g. what goods/services the business supplies).
- If the customer’s business expects to return to trading as normal if social distancing continues for more than 3 months.
- If the customer’s business has relied on, or is it expecting to rely on government grants/business banking loan support.
- Plus, the last 90 days of business bank statements (or personal account statements if used for business purposes).
- Online statements/screen shots will be acceptable.
- The latest date showing on the statements needs to be within a week of the application start date.
LLP with 200 or more partners
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Limited Companies
- Last two years finalised financial accounts (the most recent of which must be no more than 18 months old). If there are multiple directors within the business, and the financial accounts do not confirm the distribution of salary to each director, then evidence will be required from either the last two years P60’s or last two years Tax Calculations and corresponding Tax Year Overviews.
- Plus, the last 90 days of business bank statements (or personal account statements if used for business purposes) will be required.
- Online statements/screen shots will be acceptable.
- The latest date showing on the statements needs to be within a week of the application start date.
Identification and address verification
- Non-certified scanned documents for identification and address verification (ID/VA) as well as income verification accepted for business submitted through our broker platform and our legacy portal.
- If the verification checks fail, please request a passport in the first instance (this can be a scanned copy or photo of the document supplied by the applicant).
- If a passport is not available, please request a driving licence.
- In cases where these documents are unavailable then the case will be referred on a case-by-case basis.
In addition to providing the correct documentation, please ensure:
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For further information, visit our broker website, contact your local BDM or use Live Chat before you submit the application.
Thank you for your continued support during these challenging times.
We’re changing our mortgage products
With effect from Thursday 11th June 2020, we’ll be making a number of changes across
our mortgage product range.
Summary of changes:
- 2 year fixed fee paying at 85% and 90% increased
- 2 year fixed fee saver at 85% and 90% increased
- 3 year fixed fee paying at 85% and 90% increased
- 3 year fixed fee saver at 85% and 90% increased
- 5 year fixed fee paying at 85% and 90% increased
- 5 year fixed fee saver at 85% and 90% increased
- 5 year fixed premier exclusive rates at 85% and 90% increased
- 2 year term tracker at 85% and 90% increased
There are no changes to the fixed rate end dates.
Please note that the 95% LTV rates are only available to existing HSBC Mortgage customers wanting to switch to a new product.
Full applications must be completed up to and including Wednesday 10th June 2020 in order to secure a product(s) from our current range.
All evidential and supporting documentation must be provided within 21 days of submission.
Just to remind you, in order to ensure that we stay within our operational capacity, we may need to limit the amount of business we can take each day. By doing this, we can continue to support you and your customers.
You will be able to view our new product range from Thursday 11th June 2020.