Bluestone Mortgages

Cosy2020

@chloes26 @Nedsawaiting we’re using help to buy as well so it’s good to know we’re not the only ones and to hear other people’s timelines. 

@Nedsawaiting it could be bluestone. We had something similar, asked for a couple extra docs 3 days after application was submitted and haven’t heard a peep since (apart from valuation). 

Foreverwaiting123

Has anyone had a valuation instructed and not been told? I paid for mine at time of application so they won’t need to ask me for payment, I was hoping they would do valuation soon As seemingly that’s a very positive sign but I’ve heard nothing yet. Meant to have update yesterday and didn’t so my stress is even worse today as I had myself all prepared for an update that didn’t arrive 😌

chloes26

Nedsawaiting said:

chloes26 said:

Cosy2020 said:

@chloes26 massive congratulations! I bet you’re over the moon! Did you use help to buy? 

Thank you! we really are ..
We did use the help to buy, so that we could get the 75% LTV! 

Congratulations @chloes26 and nhsrelocation! 🎉. We are using help to buy too. MA submitted application to the packager on 26/5/21. Had a request for more documents 02/06/21. Do you think it was the packager or Bluestone? Our MA said application had been submitted to Bluestone. 

We were told that when the application gets submitted it’s looked over first by a case manager who makes a request for more documents, but will then go to pre-underwriting which is where our other documents were requested. I think the idea is when it’s at underwriting stage they can get on with it! Good luck!! ☺️

chloes26

Foreverwaiting123 said:

Has anyone had a valuation instructed and not been told? I paid for mine at time of application so they won’t need to ask me for payment, I was hoping they would do valuation soon As seemingly that’s a very positive sign but I’ve heard nothing yet. Meant to have update yesterday and didn’t so my stress is even worse today as I had myself all prepared for an update that didn’t arrive 😌

They didn’t tell us that they were doing our valuation, but when i spoke to my mortgage broker she told me it’s because we’re buying a newbuild so the valuations on them are free? So Bluestone pretty much instructed ours as soon as we submitted the application! 

homeownerdreams

chloes26 said:

Foreverwaiting123 said:

Has anyone had a valuation instructed and not been told? I paid for mine at time of application so they won’t need to ask me for payment, I was hoping they would do valuation soon As seemingly that’s a very positive sign but I’ve heard nothing yet. Meant to have update yesterday and didn’t so my stress is even worse today as I had myself all prepared for an update that didn’t arrive 😌

They didn’t tell us that they were doing our valuation, but when i spoke to my mortgage broker she told me it’s because we’re buying a newbuild so the valuations on them are free? So Bluestone pretty much instructed ours as soon as we submitted the application! 

Same for us. We haven’t heard from bluestone about valuation but the developer we’re buying from told us in our weekly update email that our valuation had been booked for this week. We’re using help to buy too, I think things are slightly different with help to buy as you say, because the valuation is free they just book them in quite quicker regardless of where you are in the process.

Jen271626

Wake up every morning feeling like its ground hog day, hoping to hear something but knowing without a shadow of a doubt il hear absolutely !!!!!! all then it gets to 5.30 and I'm like yip, the pessimist in me was correct 😆

Foreverwaiting123

And they’ve just come back and asked for MORE documents. I’m ready to drop out and give up. 

Nedsawaiting

Cosy2020 said:

@chloes26 @Nedsawaiting we’re using help to buy as well so it’s good to know we’re not the only ones and to hear other people’s timelines. 

@Nedsawaiting it could be bluestone. We had something similar, asked for a couple extra docs 3 days after application was submitted and haven’t heard a peep since (apart from valuation). 

@cosy2020 I hope you hear something soon🤞

Kb21

Foreverwaiting123 said:

And they’ve just come back and asked for MORE documents. I’m ready to drop out and give up. 

Hang on in there it will be worth it 

Nedsawaiting

chloes26 said:

Nedsawaiting said:

chloes26 said:

Cosy2020 said:

@chloes26 massive congratulations! I bet you’re over the moon! Did you use help to buy? 

Thank you! we really are ..
We did use the help to buy, so that we could get the 75% LTV! 

Congratulations @chloes26 and nhsrelocation! 🎉. We are using help to buy too. MA submitted application to the packager on 26/5/21. Had a request for more documents 02/06/21. Do you think it was the packager or Bluestone? Our MA said application had been submitted to Bluestone. 

We were told that when the application gets submitted it’s looked over first by a case manager who makes a request for more documents, but will then go to pre-underwriting which is where our other documents were requested. I think the idea is when it’s at underwriting stage they can get on with it! Good luck!! ☺️

@Chloe26  thank you😊. Oh goodness what a process! I’ll have aged by the time it’s all done!