I just don't get it

“I just don't get it”

Written on: 21/11/2011 by ArmitageShanks (3 reviews written)

This is the second time we have applied for an hsbc tracker mortgage and we have been declined again. A ltv of 80% which we can meet, we cannot understand why hsbc does not want out business. Me and my wife i believe have decent salaries, no car, no dependancies, no loans, direct debit setup on all our credit cards so they are always paid in full every month and yet we cannot get passed their strict criteria. We had our credit rating checked with pretty much a perfect record. Is anyone else having the same issues that we are having or are we just unlucky? When we tried pressing hsbc for some sort of explaination, they could not give us an answer. A very frustrating experience even though in our minds, we have got no financial drawbacks that should cause a negative application on our mortgage application!?!?