HSBC is well-regarded for offering competitive interest rates and is widely recognized as an excellent lender.

Due to their popularity, it’s important to anticipate some wait time before securing an appointment with an HSBC Mortgage Advisor. HSBC advisors are restricted from providing any mortgage-related information before your scheduled appointment, and gaining access to an advisor in a branch could take several weeks.

The era of personal relationships with High Street bank managers has passed, and decisions are no longer made based on individual merit or discretion. In the current banking environment, automated systems largely dictate lending decisions. This means that even if you have a well-maintained account with HSBC, it alone may not suffice to secure the desired borrowing amount.

For premier customers of HSBC, lending decisions are not made based on the status of your account. Instead, meeting the lender’s affordability assessment is crucial. This is where the challenge often lies, and it highlights the importance of consulting a whole-of-market independent mortgage broker. A broker can provide invaluable advice and guidance tailored to your circumstances.

We encourage you to use our mortgage calculator to estimate how much you might be able to borrow as a contractor. Please feel free to contact us for a discussion about your options. We offer this consultation free of charge and are dedicated to assisting you in navigating your mortgage journey.