Bluestone Mortgages

hopeful370

I don’t think they are as bothered as you think as long as affordability is ok but I know where you are coming from as I was the same! 

fingerscrossed7

We're paying off everything with some of our equity and are looking at 54% LTV with a HTB equity loan. 

We still haven't had an update today, I'm so worried it's not going to be good news 😩

hopeful370

Awwww that’s so annoying hopefully you find out tomorrow 🤞🏻

Itsabouttime

That’s good to know @fingerscrossed7. Can’t help but overthink everything.
fingers crosses for you 

newhome235678

My situation was horrendous!! Numerous pay day loans over about 3 years, default on credit file and missed payments. My pay day loan use was within the past 6 months on application. 

However bluestone achieved my dream and I’ve now been living in my lovely new home for 4 months. 

They can be slow.. they took about a month for the offer to be accepted however my situation was one of the horrible ones and I managed to get a mortgage. 

I just wanted to let people know that there is success at the end of the most stressful period ever! It’s so worth it in the end. 

Please stay positive xx

kerryrobin

hopeful370 said:

We got our offer through in writing today!! I’m still in disbelief I can’t beleive it! It was so painless and took a total of 3 weeks from full application to official offer, which is quicker than most banks at the moment! I’m over the moon finally going to be a homeowner! And was much less stressful than I thought it would be! 

Hi. Great news re your mortgage 👍. Our buyers are with bluestone and we were expecting them to get an answer today re their mortgage offer but I think we were being overly optimistic. Can you tel me what their process was with you. Ie DIP, then underwriting? Then offer? Our buyers have said it’s gone to underwriters but we thought it already had? There application went in on 9th July? we’ve got another offer on our house and don’t know whether to go with the other offer as we have a house we want and might lose it if there’s too much delay. Thanks in advance x

MovingForwards

kerryrobin said:

hopeful370 said:

We got our offer through in writing today!! I’m still in disbelief I can’t beleive it! It was so painless and took a total of 3 weeks from full application to official offer, which is quicker than most banks at the moment! I’m over the moon finally going to be a homeowner! And was much less stressful than I thought it would be! 

Hi. Great news re your mortgage 👍. Our buyers are with bluestone and we were expecting them to get an answer today re their mortgage offer but I think we were being overly optimistic. Can you tel me what their process was with you. Ie DIP, then underwriting? Then offer? Our buyers have said it’s gone to underwriters but we thought it already had? There application went in on 9th July? we’ve got another offer on our house and don’t know whether to go with the other offer as we have a house we want and might lose it if there’s too much delay. Thanks in advance x

The process is DIP, application, underwriter, valuation, underwriter, offer.

fingerscrossed7

kerryrobin said:

hopeful370 said:

We got our offer through in writing today!! I’m still in disbelief I can’t beleive it! It was so painless and took a total of 3 weeks from full application to official offer, which is quicker than most banks at the moment! I’m over the moon finally going to be a homeowner! And was much less stressful than I thought it would be! 

Hi. Great news re your mortgage 👍. Our buyers are with bluestone and we were expecting them to get an answer today re their mortgage offer but I think we were being overly optimistic. Can you tel me what their process was with you. Ie DIP, then underwriting? Then offer? Our buyers have said it’s gone to underwriters but we thought it already had? There application went in on 9th July? we’ve got another offer on our house and don’t know whether to go with the other offer as we have a house we want and might lose it if there’s too much delay. Thanks in advance x

They go through many steps. We applied on 24th June and have only just today received a verbal offer (written offer to follow within 48 hours). Bluestone are also taking longer than 'normal' timescales at the moment so I'd imagine you should expect to wait a minimum of another 2 weeks before they may receive an offer. 

kerryrobin

MovingForwards said:

kerryrobin said:

hopeful370 said:

We got our offer through in writing today!! I’m still in disbelief I can’t beleive it! It was so painless and took a total of 3 weeks from full application to official offer, which is quicker than most banks at the moment! I’m over the moon finally going to be a homeowner! And was much less stressful than I thought it would be! 

Hi. Great news re your mortgage 👍. Our buyers are with bluestone and we were expecting them to get an answer today re their mortgage offer but I think we were being overly optimistic. Can you tel me what their process was with you. Ie DIP, then underwriting? Then offer? Our buyers have said it’s gone to underwriters but we thought it already had? There application went in on 9th July? we’ve got another offer on our house and don’t know whether to go with the other offer as we have a house we want and might lose it if there’s too much delay. Thanks in advance x

The process is DIP, application, underwriter, valuation, underwriter, offer.

Oh crikey so even after valuation it goes back to underwriter?! So it could be declined then! 😫 x

hopeful370

fingerscrossed7 said

They go through many steps. We applied on 24th June and have only just today received a verbal offer (written offer to follow within 48 hours). Bluestone are also taking longer than 'normal' timescales at the moment so I'd imagine you should expect to wait a minimum of another 2 weeks before they may receive an offer. 

Congratulations!!!! Finally!! I bet you’re so pleased! We got our verbal offer last Monday, got an electronic version last Tuesday and nothing since!! I’m so annoyed cause can’t progress further until we get it! Was supposed to come last weds so frustrating so hopefully it comes ASAP
i think it may have got lost for taking this long