NB in the United Kingdom said: “I have heard rumors that the HSBC are instructing their mortgage valuers to deliberately undervalue properties when arranging mortgages. I accepted an offer on a property of £190,000. 2 months later i was advised that HSBC refused the buyers a mortgage for this sum on the basis that the property was overvalued by £10,000, and hence we grudgingly accepted a second offer from the buyers of £180,000. Furthermore, the HSBC demanded excessive paperwork, planning and Building Regs histories, utility services, etc, all of which are supposed to be included in the statutory homebuyers pack you now have to commission by law in the UK before a property is marketed.
Archive for the Category »UK issues «
IF in the United Kingdom said: “Tried to open an account to enable me to be able to purchase model engineering parts and equipment to send to a collegue in Malaysia due to lack of availability over there. Cos I have an account with another bank, I am informed that this amounts to dual banking?? and I can’t set up an account in MY name with money sent by my collegue who is a PREMIUM HSBC account holder.”
MS in New York said: “James Boulton, HSBC UK marketing director JUST RESIGNED. If he was responsible for the HSBC so-called “PLUS ACCOUNT” then I am delighted that he’s gone. Let me please explain. This all hinged upon HSBC sham offer to PLUS CUSTOMERS.
MS in New York makes an interesting point about using your HSBC card overseas: “Do you have HSBC PLUS ACCOUNT in the USA? If you join HSBC PLUS ACCOUNT, and pay £12.95 per month (lock-in 12 months) you will be offered lots of goodies and promises.
CJ in California said: “In the month of April 2008 my nightmare started with the HSBC banking company. I sent them a simple fax giving them very clear instructions which the morons could not follow my instructions as follows: “Please send me ten thousand pounds converted to US dollars from my visa account number xxxxxxxx to above address in a registered draft.â€

