We are porting our existing mortgage and taking out a second mortgage for the extra costs of the house we are moving to.
I had a mortgage appointment with HSBC yesterday where the application was processed, and this morning received a text saying our mortgage is approved subject to a satisfactory valuation, and the survey company will be in touch soon.
Anyone know what this entails? Will it be an actual physical valuation of the house? We are in Scotland so an independent valuation has already been done, why do HSBC want another one?
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HSBC mortgage offer subject to valuation
11 replies
NannyPear · 13/08/2020 07:31
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