To be eligible for a Personal Loan you need to:
- have a bank or building society account with a Direct Debit facility (Channel Island and Isle of Man customers must have an HSBC current account)
- have an annual income/pension before tax of £10,000 or more
- be over 18 and a resident of the UK
Not available for customers with a Basic Bank Account.
We do not offer our Personal Loans for a number of purposes including:
- the purchase of property or land (both UK & Overseas) including holiday homes and apartments
- purchasing a joint stake in a property or buying out a joint owner
- mortgage deposit (regardless of lender or country)
- gifting funds to third parties to support the purchase of a property, including mortgage deposit, stamp duty and solicitors fees
In addition, our Personal Loan should not be provided for:
- gambling
- business purposes
- share dealing
Our Personal Loans are subject to status.