Ok...so we won’t obviously have a credit history in the UK but we do have the following....how far will these things go to help prove our financial stability?
1. We recently opened an “Advance” level account with HSBC in the UK, and a companion account in the US.
2. A mortgage-free home in the US that we will be renting out
3. Very good credit rating in the US
4. A letter from my husband’s employer
Anything else recommended to add to this list?
I don't know anything about that account type, but it will probably carry some weight with qualifying for other products with HSBC, at least.
I can't imagine assets like overseas real estate are going to be of much help, sadly. It'd be tricky to use that as collateral over here, and that's the only reason a bank might care about it.
My US credit rating was 820 before I left (it's been languishing since and is now down around 770 due to lack of recent history). Even with that, I couldn't get a mobile phone contract here. They do not care what we had going on in the US (which is great for people who had bad US credit!)... over here, it's a clean slate.
I have no idea if a letter from your husband's employer means anything to anybody other than Home Office, but if that's all you have because he hasn't actually started working yet, at least it's
something you can use to show there will be income coming in.