I have heard that HSBC have a cheap mortgage on offer. Are there any catches?

Asked by downsbhs

9 Answers

Log in or sign up with email
By submitting you agree to our Terms of Service
Answered by Paul Skinner, IFA in Odiham, HAMPSHIRE
There are no catches, although it is only available direct, so you will not be offered independent advice. The fees are very high and it is only available with a 40% deposit.

For smaller mortgages there are cheaper options available.

Be sure to ask what there processing times are, as they were not good earlier in the year.

Paul Skinner
PKS - Mortgage & Insurance Experts
T: 0845 226 5009 | 12.01.12 @ 15:09
Comment
Log in or sign up with email
By submitting you agree to our Terms of Service
$commenter.renderDisplayableName() — {comment} | 10.18.17 @ 12:55
A
Answered by amy.03paul
I don’t know much about the mortgage product of HSBC bank, but I heard that they charge high rate of interest on their mortgage product. I think that you must contact to one of their branch office.
Cash Loan
| 06.13.13 @ 14:22
Comment
Log in or sign up with email
By submitting you agree to our Terms of Service
$commenter.renderDisplayableName() — {comment} | 10.18.17 @ 12:55
K
Answered by kevin.03thomas
HSBC is a reputed bank, I also think that there is no catches. The rate of interest and other fees for a big mortgage loan product of HSBC Bank are really a bit higher than any other bank’s mortgage loan product.
Kerry Katona Loans | 06.20.13 @ 15:33
Comment
Log in or sign up with email
By submitting you agree to our Terms of Service
$commenter.renderDisplayableName() — {comment} | 10.18.17 @ 12:55
L
Answered by linda.03thomas
This is true that HSBC is one of the renowned Banking financial organizations. HSBC is providing very high level of services to all of their customers. Particular mortgage loan is a product in which HSBC charge high rate of interest as well as high loan processing fees. They provide actually very nice services and customer support.
12 month loans | 06.26.13 @ 05:17
Comment
Log in or sign up with email
By submitting you agree to our Terms of Service
$commenter.renderDisplayableName() — {comment} | 10.18.17 @ 12:55
K
Answered by krista.33watson
Every bank have their own credit policy so HSBC Bank also has rights to hike or decrease the interest rates but they cannot make any big changes as per their own comfort, they also need to follow the instructions, rules and regulations provided by regulatory body. I think that if you directly consult with the HSBC bank, it really works for you.
same day loans
| 06.28.13 @ 15:27
Comment
Log in or sign up with email
By submitting you agree to our Terms of Service
$commenter.renderDisplayableName() — {comment} | 10.18.17 @ 12:55
A
Answered by allen.065peter
This HSBC bank is one of the reputed banks in the world, as per my knowledge there is no catches. The loan interest rate as well as some more loan fees for a big mortgage product of HSBC Bank is really a bit higher than any other bank’s mortgage loan product.
cash loans | 07.09.13 @ 13:37
Comment
Log in or sign up with email
By submitting you agree to our Terms of Service
$commenter.renderDisplayableName() — {comment} | 10.18.17 @ 12:55
K
Answered by kobemcklain
It would be good to evaluate HSBC with the other lenders and the results are surely going to be in front of you with some good assurance. And if looking towards their services it’s quite vital than other lenders which brings them on top. I won’t find any catches as if you are talking about but may be the rates would be bit on a higher side. Still if things would be confusing then quickquid would be of great assistance regarding your mortgage query. | 07.17.13 @ 09:49
Comment
Log in or sign up with email
By submitting you agree to our Terms of Service
$commenter.renderDisplayableName() — {comment} | 10.18.17 @ 12:55
R
Answered by robin.03thomas
HSBC is a reputed financial bank, and they are having many financial products, but I am not very much sure about it product details. I know that this bank provide very nice services to their clients, if you want to get product knowledge then you should consult with the HSBC bank directly.
pay day loans online | 07.23.13 @ 06:31
Comment
Log in or sign up with email
By submitting you agree to our Terms of Service
$commenter.renderDisplayableName() — {comment} | 10.18.17 @ 12:55
R
Answered by richard.03thomson
HSBC Bank is having their own set of rules and regulations so they can provide you better rate of interest. Sometimes loan companies offer you rate of interest according to your credit profile and your repayment history. If an individual is having good credit profile, good previous repayment history as well as good source of income then loan companies provide you lower rate of interest.
Payday advice UK | 08.07.13 @ 04:51
Comment
Log in or sign up with email
By submitting you agree to our Terms of Service
$commenter.renderDisplayableName() — {comment} | 10.18.17 @ 12:55
Log in or sign up with email
By submitting you agree to our Terms of Service
Free SimplyFinance Membership!

Get FREE, full access to SimplyFinance.com

Answered by

Paul Skinner
Paul Skinner, IFA in Odiham, HAMPSHIRE

Related Questions

Q&A
Asked by katie.jenkins
Q&A
Asked by katie.jenkins
Q&A
Asked by stevensonbecca59