Bluestone Mortgages

Jen271626

I seen that and phone calls answered in 40 seconds instead of 80, so possibly them reducing the highest ltv to 75% for new applications has helped and is allowing them to work faster through the current applications that are already submitted.

Foreverwaiting123

Let’s hope so x 

Foreverwaiting123

My dip is for. 20% deposit. But concerned with the changes they will ask for 25% based on this article https://therightmortgage.co.uk/bluestone-mortgages-criteria-update/  Any advice anyone ? 

c249401

From that article it looks like the changes will even apply to those already submitted? So the maximum LTV is 75%?

Foreverwaiting123

That’s what I thought too 🥲

Jen271626

Foreverwaiting123 said:

My dip is for. 20% deposit. But concerned with the changes they will ask for 25% based on this article https://therightmortgage.co.uk/bluestone-mortgages-criteria-update/  Any advice anyone ? 

Foreverwaiting123 said:

My dip is for. 20% deposit. But concerned with the changes they will ask for 25% based on this article https://therightmortgage.co.uk/bluestone-mortgages-criteria-update/  Any advice anyone ? 

If you look at the very bottom of that page that article was from April 2020. So it doesn't apply now. The new updates now for 75%ltv is only for new applicants I believe.

c249401

Jen271626 said:

Foreverwaiting123 said:

My dip is for. 20% deposit. But concerned with the changes they will ask for 25% based on this article https://therightmortgage.co.uk/bluestone-mortgages-criteria-update/  Any advice anyone ? 

Foreverwaiting123 said:

My dip is for. 20% deposit. But concerned with the changes they will ask for 25% based on this article https://therightmortgage.co.uk/bluestone-mortgages-criteria-update/  Any advice anyone ? 

If you look at the very bottom of that page that article was from April 2020. So it doesn't apply now. The new updates now for 75%ltv is only for new applicants I believe.

Good spot!!! 

Foreverwaiting123

Oh my gosh you just saved me life 🥰

Samrau

Foreverwaiting123 said:

My dip is for. 20% deposit. But concerned with the changes they will ask for 25% based on this article https://therightmortgage.co.uk/bluestone-mortgages-criteria-update/  Any advice anyone ? 

Omg I hope not we had 15%ltv. The article was written in April 2020 but the product guide says June 21. I’ve just sent my MA a message to double check because no ways can we do 25% 

Foreverwaiting123

Those of you that have had offers on the past couple of weeks, has anyone had 80% ltv xx