Bluestone Mortgages

Cosy2020

Not heard a peep for nearly 4 weeks now. Had our valuation last Monday and it all came back fine. Our MA said we were still with the underwriters last week but expects thing to pick up soon and for us to get an offer soon but I’m not holding my breath. The wait is killing me but decided to stop stressing and just let things happen. 

How about you? Any updates? 

nhsrelocation

Cosy2020 said:

Not heard a peep for nearly 4 weeks now. Had our valuation last Monday and it all came back fine. Our MA said we were still with the underwriters last week but expects thing to pick up soon and for us to get an offer soon but I’m not holding my breath. The wait is killing me but decided to stop stressing and just let things happen. 

How about you? Any updates? 

It’s certainly a long and stressful
process. Valuation was done today but judging by your experience we are probably set for a long anxious wait until we hear more news

RossL40

nhsrelocation said:

RossL40 said:

Offer has been issued! Yesssss!

Congratulations what was your timeline if you don’t mind me asking

Thank you. 

Dip 31/3, Application 10/4. It was then a long time of hearing next to nothing until it went to underwriting 2 weeks ago. Valuation was 24/5. I was always told by my broker 6/8 weeks from application. As a note for everyone, I have never had a hard search done on my credit file so don’t get obsessed with looking.

coral_a

RossL40 said:

Offer has been issued! Yesssss!

Congratulations 🍾🎉 fab news! 

Justine9

Hello Everyone, been following silently on this forum, my application has been with bluestone for over 5 months which feels like years, valuation was done, hard search was done we just waiting on offer but they’ve been asking for documents almost every week, the problem is now my house has been re-marketed and reservation was cancelled last week and I cried my heart out. However am still waiting for bluestone, does anyone know if I still stand a chance of buying the same house again because we’ve been told someone else has shown interest 😭😭

Jen271626

RossL40 said:

nhsrelocation said:

RossL40 said:

Offer has been issued! Yesssss!

Congratulations what was your timeline if you don’t mind me asking

Thank you. 

Dip 31/3, Application 10/4. It was then a long time of hearing next to nothing until it went to underwriting 2 weeks ago. Valuation was 24/5. I was always told by my broker 6/8 weeks from application. As a note for everyone, I have never had a hard search done on my credit file so don’t get obsessed with looking.

Thats interesting, strange some people get it and others don't. I wonder if its down to what category you fit in too. We are in clear, not had one yet either just two soft searches at dip then two more on 24th. 

Fingerscrossed16

Does anyone know how long it takes from booking/paying for valuation to it taking place?

HS1234

Hi everyone,

I have been reading your posts and I'm getting worried now.
Last month I was told by my MA that we should start looking at houses to which we ended up finding one and making an offer on the 3/3.
So, we got our DIP and mortgage illustration on 13/5.
Sent documents such as 3 months bank statements and 3 months payslips on 28/5.
We haven't heard anything at all. I've looked at their website and it says they are assessing fully packaged cases received on the 14th of May. Does this mean they will not be looking at our application until 22/23 of June?

Could I also ask what other documents they may require as I am looking up and not really getting anywhere?

I've had the estate agents call me and tell me that the vendors are thinking of remarketing the house which is stressing me out even more now

Jen271626

HS1234 said:

Hi everyone,

I have been reading your posts and I'm getting worried now.
Last month I was told by my MA that we should start looking at houses to which we ended up finding one and making an offer on the 3/3.
So, we got our DIP and mortgage illustration on 13/5.
Sent documents such as 3 months bank statements and 3 months payslips on 28/5.
We haven't heard anything at all. I've looked at their website and it says they are assessing fully packaged cases received on the 14th of May. Does this mean they will not be looking at our application until 22/23 of June?

Could I also ask what other documents they may require as I am looking up and not really getting anywhere?

I've had the estate agents call me and tell me that the vendors are thinking of remarketing the house which is stressing me out even more now

I'm not sure how it works as someone posted yesterday who applied after the 14th May and have heard stuff. It seems there is no rhyme or reason to how quickly your application will take some people (like couple posts above) are 3+months others are a few weeks. I guess it depends on complexity of your case.

Paperwork we had to send - 3 months personal and business bank statement. Husbands self employed sa305s and tax overviews, my wage slips for 3 months and my p60. Expanation for adverse credit. Continuing credit commitments form, tenancy agreement, giftor id, pic of him holding it and 3 months of his bank statements even though its gifted equity we are using. Our id, and latest child benefit award notice and an up to date letter as proof of address. 

nhsrelocation

Fingerscrossed16 said:

Does anyone know how long it takes from booking/paying for valuation to it taking place?

Depends how quickly surveyors can get it booked in. We paid for ours last Thursday and valuation was yesterday