Bluestone Mortgages

NannyPlum89

Just had an update from our broker...we have an offer! Should have it in writing within 48 hours. Good luck everyone still waiting

Snow_Man84

NannyPlum89 said:

Just had an update from our broker...we have an offer! Should have it in writing within 48 hours. Good luck everyone still waiting

Brilliant News, Congrats!
Did you have to wait long after valuation?

szac976

NannyPlum89 said:

Just had an update from our broker...we have an offer! Should have it in writing within 48 hours. Good luck everyone still waiting

Congratulations!

NannyPlum89

Snow_Man84 said:

NannyPlum89 said:

Just had an update from our broker...we have an offer! Should have it in writing within 48 hours. Good luck everyone still waiting

Brilliant News, Congrats!
Did you have to wait long after valuation?

Thank you. Valuation was a week ago today 

mcstrata

Anyone been asked for a deed of gift indemnity policy and a Declaration of solvency by Bluestone as a condition of the offer? How much is the policy if anyone knows? 

LWall122

NannyPlum89 said:

Just had an update from our broker...we have an offer! Should have it in writing within 48 hours. Good luck everyone still waiting

Brilliant news! Congratulations 

LWall122

szac976 said:

LWall122 said:

szac976 said:

LWall122 said:

Hello, 
First time posting on this thread. 
Mine & my partners full application went into Bluestones on 08/01/21. We are purchasing on H2B and just caught the old H2B scheme before it changed. We are using Simply as the broker who have been brilliant up to now. We got our DIP on 23/12/20. We then went through pre underwriting with Simply which took a couple of days including the Xmas break and is now at full application. They've already completed the valuation which was done yesterday, we are just awaiting the full report to be uploaded now. Is this the usual process? As reading some of the posts the valuation is usually done after the first stage of underwriting?
Many thanks
Lee. 

My full application went in on 08/01/21 through Simply as well - I got my DIP on the 29th of December. I haven't heard anything yet but was told it would probably be 7-14 days before I hear anything. That's great you've had your valuation done so quickly! 

My Valuation went through all ok Simply have just confirmed. He said Bluestones should come back early next week. 
Bluestone asked for my ID again even though Simply had it. Hoping for some good news next week. 
Regards, 
Lee

That's really quick, fingers crossed for you to get some good news next week!

Fingers crossed! Broker said it’s with a dedicated underwriter now. So hopefully we get some movement next week!

MovingForwards

mcstrata said:

Anyone been asked for a deed of gift indemnity policy and a Declaration of solvency by Bluestone as a condition of the offer? How much is the policy if anyone knows? 

That's not popped up on this thread, nor any others I've read.
Have you definitely read it's a policy they want and not a deed of gift declaration?
- If it is a policy, speak with your solicitor to see how much they can get a policy for.

@ACG have you come across this with any of your clients and their mortgage offers?

ACG

I have not come across either, Declarations would usually be needed pre-offer and indemnity policies are usually needed by the solicitor. 

NannyPlum89

LWall122 said:

NannyPlum89 said:

Just had an update from our broker...we have an offer! Should have it in writing within 48 hours. Good luck everyone still waiting

Brilliant news! Congratulations 

Thank you! Hope you get some good news soon