Bluestone Mortgages

Spenny01

Samfaye01 said:

FirstTimeBuyer428 said:

Hello, I am new to this chat. 
I received a DIP at the beginning of February. I then completed all forms my MA asked me too & paid for the Valuation straight away. My MA is going through Brightstar. My application only went to Bluestone last week, I was confused as I have been sending relevant information through straight way when my MA has asked for it. When I have read up on here it seems as though Brightstar collect all information THEN submit. I am just wondering does anyone know the time line with going through Brightstar? I'm just hoping I get the offer, I will keep sending my wage slips and statements weekly (as I get paid weekly). I know I will have to be patient but it seems so hard haha! 

Hello,
My DIP was accepted 28/01.
Full application went in 8/2 to brightstar. 
This is my 4th week waiting for bluestone to review docs - been told by MA we will have an update by end of play tomorrow.
Hope this helps

Us too 
excatly the same 
good luck 😉 

Halfwaythere

Spenny01 said:

Samfaye01 said:

FirstTimeBuyer428 said:

Hello, I am new to this chat. 
I received a DIP at the beginning of February. I then completed all forms my MA asked me too & paid for the Valuation straight away. My MA is going through Brightstar. My application only went to Bluestone last week, I was confused as I have been sending relevant information through straight way when my MA has asked for it. When I have read up on here it seems as though Brightstar collect all information THEN submit. I am just wondering does anyone know the time line with going through Brightstar? I'm just hoping I get the offer, I will keep sending my wage slips and statements weekly (as I get paid weekly). I know I will have to be patient but it seems so hard haha! 

Hello,
My DIP was accepted 28/01.
Full application went in 8/2 to brightstar. 
This is my 4th week waiting for bluestone to review docs - been told by MA we will have an update by end of play tomorrow.
Hope this helps

Us too 
excatly the same 
good luck 😉 

I wonder how far we are 🤷🏼‍♀️

Luvlea83

Hi guys
I have been reading all of the posts as we are in the application stage.  We got the dip and submitted bank statements, payslips, out incoming and outgoings, my husbands 3 years books as he is self employed.  It went for the documentation checks and they asked for a letter from previous landlord and then they come back and said they don’t need it because we are living in the property at the moment and paying rent to family.  We moved in August.  Before we moved in we were hadn’t paid rent from March to July as we were claiming universal credit and were waiting for that to be approved and that would pay the rent .  We were council tenants.

I was relieved when they said they didn’t need it but now I am freaking out in case the underwriter asks for it.  

How many people have been asked for landlord letter? Did any submit one with rent arrears? It has now been sent to underwriters.  How likely is it that the underwriter will ask for the letter? Really worried we will be declined if we have to get one.  

What stage do you think we are at? 

FirstTimeBuyer428

Samfaye01 said:

FirstTimeBuyer428 said:

Samfaye01 said:

FirstTimeBuyer428 said:

Hello, I am new to this chat. 
I received a DIP at the beginning of February. I then completed all forms my MA asked me too & paid for the Valuation straight away. My MA is going through Brightstar. My application only went to Bluestone last week, I was confused as I have been sending relevant information through straight way when my MA has asked for it. When I have read up on here it seems as though Brightstar collect all information THEN submit. I am just wondering does anyone know the time line with going through Brightstar? I'm just hoping I get the offer, I will keep sending my wage slips and statements weekly (as I get paid weekly). I know I will have to be patient but it seems so hard haha! 

Hello,
My DIP was accepted 28/01.
Full application went in 8/2 to brightstar. 
This is my 4th week waiting for bluestone to review docs - been told by MA we will have an update by end of play tomorrow.
Hope this helps

Ahhh thank you for this. I understand I need to be abit more patient. My full application only went in last week as the packager was getting all my documents from my MA. Good luck for tomorrow, my fingers are crossed for you. Such a nervous time x 

Thank you, hoping to get issed a valuation date that would be amazing. Sellers are chasing us weekly now ! Hope yours gets seen soon x

That's what I'm worried about, I put the offer in a month ago and it was accepted (old house, 85% LTV) I got the DIP on 3.2.21 then send all information on various dates. The application only got sent through to Bluestone last week so I was just looking for time lines. My MA said they are very thorough and a little bit slow but I have seen people on here who got there's faster than any normal bank would give you. If it goes through to Valuation surely you should get the offer? I've never been so stressed haha! Please keep me updated, hope all goes well. X

Firsttimebuyer_04

Anyone who submitted application 08/02 or thereabouts got any updates yet? 🙁

Halfwaythere

Firsttimebuyer_04 said:

Anyone who submitted application 08/02 or thereabouts got any updates yet? 🙁

We’re having valuation today not sure how long after that will get offer 

Samfaye01

Firsttimebuyer_04 said:

Anyone who submitted application 08/02 or thereabouts got any updates yet? 🙁

Should be today but nothing yet !

Spenny01

Samfaye01 said:

Firsttimebuyer_04 said:

Anyone who submitted application 08/02 or thereabouts got any updates yet? 🙁

Should be today but nothing yet !

Nothing yet wanna cry 😭 

citylife

Anyone submitted their application 21.10.2020?  Been offered a mortgage yet??

We had our valuation on 14.01.2021, we’re still at the final review.    Our  MA told us last week  BrightStar said Bluestone’s timescales have slightly increased.  We buying with HTB (application successful), our solicitor done all the paper.   Now waiting for🤞🏾🤞🏾....offer 😩

Has anyone waited that long after valuation (6 weeks or more) before ???  Our nerves ...are shattered ...

lanainbloom

Luvlea83 said:

Hi guys
I have been reading all of the posts as we are in the application stage.  We got the dip and submitted bank statements, payslips, out incoming and outgoings, my husbands 3 years books as he is self employed.  It went for the documentation checks and they asked for a letter from previous landlord and then they come back and said they don’t need it because we are living in the property at the moment and paying rent to family.  We moved in August.  Before we moved in we were hadn’t paid rent from March to July as we were claiming universal credit and were waiting for that to be approved and that would pay the rent .  We were council tenants.

I was relieved when they said they didn’t need it but now I am freaking out in case the underwriter asks for it.  

How many people have been asked for landlord letter? Did any submit one with rent arrears? It has now been sent to underwriters.  How likely is it that the underwriter will ask for the letter? Really worried we will be declined if we have to get one.  

What stage do you think we are at? 

Hi

I currently live in a council property and we were asked for a tenancy reference. They will ask for a tenancy reference if you have rented private or social over the past two years. I would try and get the document done ahead of time because it will only delay. Fortunately for me I had no arrears/missed payments but in the lending policy they do allow for missed rent payments.