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Mortgage with DMP

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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?

Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    Are they offering mortgages for those in DMP's?
  • According to the criteria on the wevsite, yes
  • amnblog
    amnblog Posts: 12,730 Forumite
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    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
    ACG Posts: 24,582 Forumite
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    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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