Bluestone Mortgages

c249401

How long after application have people had a hard search on their file? 

Sortingmylifeout7

Mine was about 11days

Kb21

c249401 said:

How long after application have people had a hard search on their file? 

Application 9th March hard search 9th April. Still with underwriters 

ABCDEFG84

Had my DIP on 18th March having originally been using a different broker and lender who hadn't fully grasped my full situation
Application submitted on 23rd March
Asked for some additional docs last Monday, supplied to broker that night and uploaded next morning - bank statements for additional accounts, complete form on credit commitments, evidence of 2 years of payments for wife's DMP
I can see on experian I was hard searched on 8th April. Case is currently sat with underwriters.

House we've bought is a no chain purchase and I think seller is in a hurry which is my only concern.

Anything I should worry about? Seems like from this thread that if you've had the DIP you don't need to be concerned about being declined but it is slow? I guess because as a 'risky' lender they have to be able to evidence due diligence moreso than more straight forward lenders.

Kb21

ABCDEFG84 said:

Had my DIP on 18th March having originally been using a different broker and lender who hadn't fully grasped my full situation
Application submitted on 23rd March
Asked for some additional docs last Monday, supplied to broker that night and uploaded next morning - bank statements for additional accounts, complete form on credit commitments, evidence of 2 years of payments for wife's DMP
I can see on experian I was hard searched on 8th April. Case is currently sat with underwriters.

House we've bought is a no chain purchase and I think seller is in a hurry which is my only concern.

Anything I should worry about? Seems like from this thread that if you've had the DIP you don't need to be concerned about being declined but it is slow? I guess because as a 'risky' lender they have to be able to evidence due diligence moreso than more straight forward lenders.

I’m in the exact same position. Our hard search done on 9th April. Case came back last weds wanting more info all
submitted by Friday morning. Still
nothing. We have no chain and first time buyers. Still a long process 

j_d1988

I've been told we should have an update later on today! 

I just need to keep everything crossed... just ready for a long list of documents to send over! 

Kb21

j_d1988 said:

I've been told we should have an update later on today! 

I just need to keep everything crossed... just ready for a long list of documents to send over! 

From the underwriters ? 

j_d1988

Kb21 said:

j_d1988 said:

I've been told we should have an update later on today! 

I just need to keep everything crossed... just ready for a long list of documents to send over! 

From the underwriters ? 

Yeah from the underwriters... we had our valuation done right at the start, Bluestone instructed earl to speed up the process so we dont need to wait for that! 

Just have to see what they say... I think they will ask for more docs... 

Sortingmylifeout7

That makes a few of us expecting updates today!

Kb21

j_d1988 said:

Kb21 said:

j_d1988 said:

I've been told we should have an update later on today! 

I just need to keep everything crossed... just ready for a long list of documents to send over! 

From the underwriters ? 

Yeah from the underwriters... we had our valuation done right at the start, Bluestone instructed earl to speed up the process so we dont need to wait for that! 

Just have to see what they say... I think they will ask for more docs... 

Aww that’s good at least this may be the last hurdle for you yes be prepared 🥺