Bluestone Mortgages

Lishabee

Did you guys ask the estate agent to update you when valuation was booked? Or did you sit tight? 

Ours cost £375

MovingForwards

I just let them get on with it. Had no involvement with the EA aside from them contacting me to say most were going on furlough and me emailing to see if they had any keys on completion.

Kb21

Lishabee said:

Did you guys ask the estate agent to update you when valuation was booked? Or did you sit tight? 

Ours cost £375

We just let them crack on with it. Ours was done within 24hours. Ours cost £340 something but had £255 send back to us and said it was only £70 🤷🏼‍♀️ No idea why but mortgage offered and done with just waiting on solicitors now. 

Kb21

Is end  of May a realistic time for us to hope to complete guys? Solicitors said she waiting on contract papers to start searches? 

MovingForwards

Kb21 said:

Is end  of May a realistic time for us to hope to complete guys? Solicitors said she waiting on contract papers to start searches? 

Scotland yes

Elsewhere no as there's delays with searches being done.

Kb21

MovingForwards said:

Kb21 said:

Is end  of May a realistic time for us to hope to complete guys? Solicitors said she waiting on contract papers to start searches? 

Scotland yes

Elsewhere no as there's delays with searches being done.

Omg noooo don’t say this to me 😩 

MovingForwards

Kb21 said:

MovingForwards said:

Kb21 said:

Is end  of May a realistic time for us to hope to complete guys? Solicitors said she waiting on contract papers to start searches? 

Scotland yes

Elsewhere no as there's delays with searches being done.

Omg noooo don’t say this to me 😩 

What you can do is take a risk and instruct your solicitor to proceed with the searches while waiting for the contract papers. It's risky because you're paying now without anything from the seller.

If you want to take a different risk see if Bluestone will accept indemnity policies instead. Look up CML (council of mortgage lenders) handbook, under searches and see what it says about what they will accept. It may be cheaper / more expensive, but without physical searches you're working blind with what's going on in the immediate and wider area.

Your solicitor should know how quick, or slow, searches are taking in your area, I'm basing my comment on what other members have been saying across the boards.

Kb21

MovingForwards said:

Kb21 said:

MovingForwards said:

Kb21 said:

Is end  of May a realistic time for us to hope to complete guys? Solicitors said she waiting on contract papers to start searches? 

Scotland yes

Elsewhere no as there's delays with searches being done.

Omg noooo don’t say this to me 😩 

What you can do is take a risk and instruct your solicitor to proceed with the searches while waiting for the contract papers. It's risky because you're paying now without anything from the seller.

If you want to take a different risk see if Bluestone will accept indemnity policies instead. Look up CML (council of mortgage lenders) handbook, under searches and see what it says about what they will accept. It may be cheaper / more expensive, but without physical searches you're working blind with what's going on in the immediate and wider area.

Your solicitor should know how quick, or slow, searches are taking in your area, I'm basing my comment on what other members have been saying across the boards.

we are in no great rush although paying at lot of rent while still in this property. 

We have paid the solicitor £300 from there fee and they are 4 weeks into our case but was told on Thursday that they are waiting for contract papers from the sellers solicitors which I’m hoping will now be sent this week.. there is no chain either side so hoping that will speed things up. 

lanainbloom

Kb21 said:

Is end  of May a realistic time for us to hope to complete guys? Solicitors said she waiting on contract papers to start searches? 

We got our searches back within a few weeks but then it took like 3 weeks for them to sort out any issues raised. We instructed our solicitors when we put the offer in so now we are at the point where we are ready to put in completion dates in the diary which should be the 14th May

Kb21

lanainbloom said:

Kb21 said:

Is end  of May a realistic time for us to hope to complete guys? Solicitors said she waiting on contract papers to start searches? 

We got our searches back within a few weeks but then it took like 3 weeks for them to sort out any issues raised. We instructed our solicitors when we put the offer in so now we are at the point where we are ready to put in completion dates in the diary which should be the 14th May

Aww that’s good. We don’t have our fund as for deposit until the 19th May so may see how things go and when we have the funds get pushing. So glad u have dates