Bluestone Mortgages

MovingForwards

@jmilne never use the builders recommended financial advisor or solicitors, they get bunged a fee for the referral. A normal broker could probably have got a better mortgage company sorted out with a lot better interest rates than Bluestone.

jmilne

MovingForwards said:

@jmilne never use the builders recommended financial advisor or solicitors, they get bunged a fee for the referral. A normal broker could probably have got a better mortgage company sorted out with a lot better interest rates than Bluestone.

Well hopefully even Bluestone still give us the offer with us going into our overdrafts a little every month 🙈 our mortgage advisor said as long as you are not going over your planned overdraft each month then you should be ok.

TheBirchwood

TheBirchwood said:

lewis27 said:

Hi ,
we are hoping for mortgage through bluestone on help to buy. 
We had our DIP weeks ago and have had several soft credit checks done I can see on file . It went last week for its first underwrite .. we where told it goes through one underwrite and this checks if they need any further DOcs etc then it goes for a final underwrite . The initial underwrite come back yersterday and they just simply requested a landlord reference which we have now got . I can see on my Experian though that a full hard search was carried out this time . Would it be safe to assume that the fact they have done this initial underwrite and now done a hard search and have simply just requested an additional document that it’s likely to now be fully accepted ? Went in for final underwrite yesterday and been told 5 working days .. thanks .. 

I think I’m in the same boat as you?! I was told today by my broker that it’s going into final underwrite and to here next weds hopefully with an offer. It’s anxious waiting times isn’t it 

Hey, have you heard anything yet? 

TheBirchwood

lewis27 said:

Yeah it is haha.. where lucky really ... the final underwrite time was 10 working days for ages apparently and has now just been reduced back down to 4-5 days 

Have you heard anything yet? 

lewis27

Hi , yes they come back yesterday and said our ID docs need “ certifying “ this is now done and broker said that’s the only thing they have asked for so seems good news .. hoping today they say iDs are now fine and instruct valuation.. 

iViewTV

Application now submitted, what sort of time are we expecting for the underwriters to complete their checks? 

newhomme20206

iViewTV said:

Application now submitted, what sort of time are we expecting for the underwriters to complete their checks? 

My application was submitted on 13th July. Paid for the valuation last week Wednesday and still awaiting for it to be booked in! Although I believe others have said it’s been quicker than that! 

jen14df

newhomme20206 said:

iViewTV said:

Application now submitted, what sort of time are we expecting for the underwriters to complete their checks? 

My application was submitted on 13th July. Paid for the valuation last week Wednesday and still awaiting for it to be booked in! Although I believe others have said it’s been quicker than that! 

iViewTV said:

Application now submitted, what sort of time are we expecting for the underwriters to complete their checks? 

My application went in the 23rd July. Valuation is booked for Tuesday. This would have been quicker if my case wasn’t so complicated.

pretzel12

Our application was submitted 14th August and our valuation is booked for 27th August. Our MA said that we should have an update from Bluestone around 3/4 September. So nerve racking !!! 

ojh2112

Hey can I ask once the first mortgage Application appears on credit file after a couple initial generic identity checks which stage are you at then? It’s remortgage 20% LTV