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Bluestone mortgage’s help to buy

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Me and my husband have reserved a new build plot and have made a bluestone mortgage application two weeks ago. Bluestone asked for our mortgage statements on Friday and made the hard credit search friday. Does anyone know the turnaround for instructing valuations, we are being pressured by the builder !

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  • ACG
    ACG Posts: 24,608 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    They only instruct the valuation once they have agreed the case. Bluestone are typically a lender of last resort so I would not expect that to be done within a week.

    You can instruct the valuation prior to offer being issued, but if the mortgage is not agreed, you lose that money.
    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.
  • Charly_H
    Charly_H Posts: 5 Forumite
    Fourth Anniversary Combo Breaker First Post
    Update - valuation has been instructed by Bluestone for Monday is this a good sign ?
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