Bluestone Mortgages

Cosy2020

Jessicajessica94 said:

Cosy2020 said:

Please don’t get hung up on credit checks everyone. I was checking my Experian 3x a day for any searches and we got our offer without any soft or hard searches! Hope some of you get some good news today. 

I have too! But I’m going to stop as some people have said the same. Did you have to send up to date bank statements and pay slips before they issued your offer? Our valuation is getting done on Tuesday! 

I sent them to my MA but they weren’t needed or requested by Bluestone. Are you buying a new build or an older house? If it’s older then the offer comes quite quickly after the
valuation for some! 

Jen271626

Thats the surveyor just left who was doing the valuation refresh.. he said price hasn't went down and may of increased. Which would be a nightmare for most but because ours is gifted equity and we have a set selling price itl lower our ltv needed. Hopefully hear something next week from Bluestone

barodz

Bluestone received all our documents by the 9th of June and did our valuation on the 24th, does anyone how much longer we must wait to here from them for an offer, or an update of any sort. I have forwarded updated documents to our MA today should they need them, which should hopefully speed up the process, but we have been in this process since the 1st of May and I'm a bit tired now.

Jessicajessica94

Cosy2020 said:

Jessicajessica94 said:

Cosy2020 said:

Please don’t get hung up on credit checks everyone. I was checking my Experian 3x a day for any searches and we got our offer without any soft or hard searches! Hope some of you get some good news today. 

I have too! But I’m going to stop as some people have said the same. Did you have to send up to date bank statements and pay slips before they issued your offer? Our valuation is getting done on Tuesday! 

I sent them to my MA but they weren’t needed or requested by Bluestone. Are you buying a new build or an older house? If it’s older then the offer comes quite quickly after the
valuation for some! 

That’s good to know! I have sent that much paper work over the last 3 months I just hope I don’t have to sent anymore!!! Tiring process. We are buying an older house. Fingers crossed it’s not too much longer after valuation then! Thank you. 

Jen271626

barodz said:

Bluestone received all our documents by the 9th of June and did our valuation on the 24th, does anyone how much longer we must wait to here from them for an offer, or an update of any sort. I have forwarded updated documents to our MA today should they need them, which should hopefully speed up the process, but we have been in this process since the 1st of May and I'm a bit tired now.

I think it depends if its a new build or not. If its a new build they are done quite quickly in the process because its an online rather than physical valuation, so its hard to say. I think *most* people who get a valuation on a non new build tend to get the offer between a couple of days to a couple of weeks at most. 

disneydreamer1985

For valuation if you’re buying an old property - not new build - does it always tend to be a physical valuation? 

HS1234

disneydreamer1985 said:

For valuation if you’re buying an old property - not new build - does it always tend to be a physical valuation? 

I believe that is the case. Mine is now booked for Monday between 8-10am. 

Jen271626

disneydreamer1985 said:

For valuation if you’re buying an old property - not new build - does it always tend to be a physical valuation? 

Yeah it would be physical. Unless you are in Scotland, if the home report was done within 12 weeks they can use that. 

MovingForwards

Jen271626 said:

disneydreamer1985 said:

For valuation if you’re buying an old property - not new build - does it always tend to be a physical valuation? 

Yeah it would be physical. Unless you are in Scotland, if the home report was done within 12 weeks they can use that. 

Provided the surveyor is on Bluestone's panel, the HR can be used, mine wasn't.

homeownerdreams

Jen271626 said:

barodz said:

Bluestone received all our documents by the 9th of June and did our valuation on the 24th, does anyone how much longer we must wait to here from them for an offer, or an update of any sort. I have forwarded updated documents to our MA today should they need them, which should hopefully speed up the process, but we have been in this process since the 1st of May and I'm a bit tired now.

I think it depends if its a new build or not. If its a new build they are done quite quickly in the process because its an online rather than physical valuation, so its hard to say. I think *most* people who get a valuation on a non new build tend to get the offer between a couple of days to a couple of weeks at most. 

We’re buying a new build and our valuation was a physical one. As with everything with bluestone, I don’t think it’s one size fits all! Every case is different