Follow RoF

For all the breaking news, follow RoF on Twitter and Facebook

         
   
  

Asia-Pacific

Check out this week's top Asia-Pacific news on the Asia Pacific Headline page.
  
  

Main Discussion

Rate it
0
Report as offensive
Wellington
Posted - 11 January 2017 11:04
Yes.

Did it through HSBC. They wanted 3 months payslips and 3 months bank statements.

Not helpful when your friends take great delight by labellling bank transfers to you as "Drugs and Hookers", "Gak Re-up" and "Massive Dildos"
camenbert
Posted - 11 January 2017 11:05
Report as offensive
bank statements?
you're doing well if they don't want your inside leg measurement and to root through your bins...
Parsnip
Posted - 11 January 2017 11:06
Report as offensive
They want you on the phone for about 2 hours to ask loads of pointless questions about your finances. that's just to open a bank account
wangpain 4 nuclear disarmament
Posted - 11 January 2017 11:06
Report as offensive
Heh@welly's m7 Dave
Phoebe Caulfield
Posted - 11 January 2017 11:07
Report as offensive
Payslips and bank statements for six months

I thought it was just going to be three so was very sensible for three months
Wellington
Posted - 11 January 2017 11:08
Report as offensive
proper laddish bantz wango.

Basically you need to stay of gambling websites for 3 months and not get overdrawn.
pancake humper
Posted - 11 January 2017 11:11
Report as offensive
just do all your dodgy spending on a credit card
stardust
Posted - 11 January 2017 11:12
Report as offensive
Ours was HSBC as well. Three months of everything. Luckily I have most things with them anyway.
camenbert
Posted - 11 January 2017 11:38
Report as offensive
it's probably "tartan", Custards...
fine for now, but when the haggis-balloon goes up, then what? Will they be losing their kilts on get-rich-quick Scots Govt kipper-backed bonds?
stardust
Posted - 11 January 2017 11:44
Report as offensive
They weren't harsh at all. Really friendly. Go to a mortgage advisor?
.....Meh
Posted - 11 January 2017 11:48
Report as offensive
They went through my bank statements, asked me how much I spent on everything and then suggested I could afford to pay more every month on a mortgage with a shorter term. When I wanted to go with the term I'd selected I was made to justify it.

Because I'd like more money to spend on stuff.

I'm sorry, I need a better reason than that?

Um.... I might need the extra money in the future for other stuff, or to save for something big.

Like what?

I don't know. I'd just prefer to have more expendable income really.

I need to put something down on the form. What big expenses might you have?

Well I guess someone might want to marry me one day. I'd need to pay for that.

Ah great, hopes to get married. Yes. That's on my mortgage financial assessment form then. Fab.
wangpain 4 nuclear disarmament
Posted - 11 January 2017 11:54
Report as offensive
A CAR meh, you always say you want the dosh for a car!
Saillaw
Posted - 11 January 2017 11:56
Report as offensive
I need to apply soon so I've been cleaning up my bank statements and carefully putting some stuff on my credit card every month and paying it and then paying money into my savings account so that they can see that between my existing mortgage payments and the cash I'm saving I can easily pay my future increased mortgage payments.

I've also gone back to using cash in pubs and bars so that my bank statement doesn't make me look like a drunkard with assorted late night card transactions.
.....Meh
Posted - 11 January 2017 12:17
Report as offensive
I already had a car!
camenbert
Posted - 11 January 2017 12:18
Report as offensive
heroin.... sorry heron!, I'm a big fan of spindly birds...!
Queenie E
Posted - 11 January 2017 12:22
Report as offensive
The last time we had to do an 'affordability study' to re-mortgage we were told that according to the computer we were unable to afford the current mortgage we had which we had been overpaying on for 10 fucking years.

Took five months of negotiation until we found a grown up who could over-ride the computer system.

Oh and they always give really helpful advice, like 'your childcare costs are quite high' and 'would you consider giving up Sky TV and stopping wearing contact lenses?'
.....Meh
Posted - 11 January 2017 12:27
Report as offensive
I think I also confused him a bit as I had two current accounts with the same bank, one main and one basic for spending money and a few saver accounts where I stashed money for holidays, treats, bills and savings. Lots of cross transfers. Since then I just whacked it all in Santander121.5.
Disaster Zondi
Posted - 11 January 2017 12:47
Report as offensive
HSBC were complete spazzcocks when I wanted interest only as they assumed zero growth of investments over the term and said I had to invest enough to cover the principal over the term, like a repayment mortgage. I moved my account once I gidged elsewhere and enjoyed it when they called me 2 weeks later not realising I was no longer a customer.

It's such a ballsache these days, just use a broker and then cross check with the best buy tables to catch any lenders that are only available direct.
Wellington
Posted - 11 January 2017 12:49
Report as offensive
use a broker but also independently check HSBC (and maybe Frist Direct) as they do not work with brokers.
Saillaw
Posted - 11 January 2017 12:52
Report as offensive
I've been talking to Handelsbanken and there a named person in the branch makes the decision except in special cases which have to be referred higher up the chain. As a result they will take into account of all of your assets and gladly tell you what you can do to enable them to say yes. A thousand times better than dealing with someone in a call centre following the script and what the algorithm says.