Bluestone Mortgages

MovingForwards

hereistohoping said:

For those who have completed, how long did it take for Bluestone to release funds? Our paper offer finally landed yesterday and our developer is pushing for exchange and completion next week. Our solicitors have become hard to get hold off

Page 111 - "usually 5 days"

hereistohoping

MovingForwards said:

hereistohoping said:

For those who have completed, how long did it take for Bluestone to release funds? Our paper offer finally landed yesterday and our developer is pushing for exchange and completion next week. Our solicitors have become hard to get hold off

Page 111 - "usually 5 days"

Ah Bluestones forever favourite word 'usually'. 

MovingForwards

hereistohoping said:

MovingForwards said:

hereistohoping said:

For those who have completed, how long did it take for Bluestone to release funds? Our paper offer finally landed yesterday and our developer is pushing for exchange and completion next week. Our solicitors have become hard to get hold off

Page 111 - "usually 5 days"

Ah Bluestones forever favourite word 'usually'. 

It was a broker who confirmed the timeframe.

My funds did get released, and sent, to my solicitor the day before completion.

Cam2021

Does anyone know what's the current turnaround on underwriting if bluestone have said they now have everything they need?
Desperate to get a valuation instructed.

Kellyb88

Cam2021 said:

Does anyone know what's the current turnaround on underwriting if bluestone have said they now have everything they need?
Desperate to get a valuation instructed.

We are 8 weeks into our application, In went in on the 23/12 our valuation was on the 18/01 we've been informed now that it's gone into final underwrite and sign off if all being well, brightstar said at the moment it's a 48 hour turnaround on the last hurdle. 

Halfwaythere

We had our offer excepted for a house on the 9th of feb, in the underwrite queue. We have no chain and the house does not either has anyone been in this position and can say how long it has taken ? Thanks 

Heatherxx

Update after worrying so much we have got our offer today!! Full application went in 21/12/20

Kellyb88

Heatherxx said:

Update after worrying so much we have got our offer today!! Full application went in 21/12/20

Congratulations
we're 2 days behind you so fingers crossed we get our news soon! 🤞

polarbear1975

MovingForwards said:

hereistohoping said:

For those who have completed, how long did it take for Bluestone to release funds? Our paper offer finally landed yesterday and our developer is pushing for exchange and completion next week. Our solicitors have become hard to get hold off

Page 111 - "usually 5 days"

We got ours turned around in the same week, requested at beginning of week and completed on the Friday. The solicitor did have to speak with them first to ensure that they were OK to do that. Ideally they would have had the monies in on the day before but they finally emerged at around 3pm on the Friday. Was an anxious wait as we wanted to get it all done and dusted before the weekend, made it with 20 minutes to spare by the time it had gone from our solicitor to the builder!

MovingForwards

polarbear1975 said:

MovingForwards said:

hereistohoping said:

For those who have completed, how long did it take for Bluestone to release funds? Our paper offer finally landed yesterday and our developer is pushing for exchange and completion next week. Our solicitors have become hard to get hold off

Page 111 - "usually 5 days"

We got ours turned around in the same week, requested at beginning of week and completed on the Friday. The solicitor did have to speak with them first to ensure that they were OK to do that. Ideally they would have had the monies in on the day before but they finally emerged at around 3pm on the Friday. Was an anxious wait as we wanted to get it all done and dusted before the weekend, made it with 20 minutes to spare by the time it had gone from our solicitor to the builder!

I just let my solicitor get on with it after I got the mortgage offer extension.

Monies came in and he exchanged (concluded missives) before logging off for the evening and completion (date of entry) was sorted out when he logged on the next morning. I got the keys a few hours later.