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  • FIRST POST
    • getinmyselfoutadebt
    • By getinmyselfoutadebt 14th Oct 16, 10:07 PM
    • 65Posts
    • 19Thanks
    getinmyselfoutadebt
    Mortgage with DMP
    • #1
    • 14th Oct 16, 10:07 PM
    Mortgage with DMP 14th Oct 16 at 10:07 PM
    Hi has anyone got a mortgage with bluestone or have any experience of them?
    Just been doing some research and they seem to be ok. Not sure if theyve launched in the uk?
Page 1
    • Thrugelmir
    • By Thrugelmir 15th Oct 16, 9:52 AM
    • 52,984 Posts
    • 45,333 Thanks
    Thrugelmir
    • #2
    • 15th Oct 16, 9:52 AM
    • #2
    • 15th Oct 16, 9:52 AM
    Are they offering mortgages for those in DMP's?
    “ “Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.” Sir John Marks Templeton
    • getinmyselfoutadebt
    • By getinmyselfoutadebt 15th Oct 16, 5:48 PM
    • 65 Posts
    • 19 Thanks
    getinmyselfoutadebt
    • #3
    • 15th Oct 16, 5:48 PM
    • #3
    • 15th Oct 16, 5:48 PM
    According to the criteria on the wevsite, yes
    • amnblog
    • By amnblog 15th Oct 16, 11:14 PM
    • 9,237 Posts
    • 3,557 Thanks
    amnblog
    • #4
    • 15th Oct 16, 11:14 PM
    • #4
    • 15th Oct 16, 11:14 PM
    Bluestone will want a understandable reason for entering the DMP - sickeness, redundancy, divorce. For a complex situation like this you should be using a broker.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
    • ACG
    • By ACG 16th Oct 16, 10:00 AM
    • 14,553 Posts
    • 7,263 Thanks
    ACG
    • #5
    • 16th Oct 16, 10:00 AM
    • #5
    • 16th Oct 16, 10:00 AM
    I do not think Bluestone have launched fully yet. Not every broker will have access to them.

    I have used them a few times, infact I have been asked to trial their new system which they will be using when they launch fully. They are quite good in the main. However their criteria elsewhere can be a little tight (for example properties above commercial is a bit tighter than everyone elses).

    I would speak to a broker as amn suggests. You can only access Bluestone through a broker anyway however a broker will know other lenders it may fit with, giving you potentially more options.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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