Bluestone Mortgages

SRH2021

Anyone bought a new build- not on any scheme and know they won’t complete with a month extension and had to re submit application 

teddy2014

Hi All, we've just had valuation on the property we are buying. The bloke was only there for 15 minutes and left. What would be your thoughts on this? Good, bad or indifferent? Not sure what kind of valuation it was but couldnt have been in depth. My In-Laws live next door to the house we're buying and told us when he got there and when he left. 

coral_a

teddy2014 said:

Hi All, we've just had valuation on the property we are buying. The bloke was only there for 15 minutes and left. What would be your thoughts on this? Good, bad or indifferent? Not sure what kind of valuation it was but couldnt have been in depth. My In-Laws live next door to the house we're buying and told us when he got there and when he left. 

We live in the house we are buying (currently renting it) our valuation was done in around 15 mins, the report was sent to Bluestone the same day & we had our offer 2 days later. I think they get all they need in that time 

Nedsawaiting

We had our valuation last week 22/6 and were asked for loads more info a week later on the 30/6 which we submitted the next day. Things like how far my partner lives from work etc🙄 Seems like we are nowhere near offer such a nightmare😞. We are 5 weeks into application and buying a new build on help to buy. Fingers crossed we get some good news soon. So stressful. I know there are people who have been waiting longer so feel bad for moaning. Each day of waiting seems like an eternity🤣

barodz

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. 

It is anew build but they did a physical valuation, and i still have to wait 9 days to hear from them, at least according to my MA this afternoon. Hopefully next week we get our offer.

HopefulFTB1

Just had an update from Bluestones, I have to pay for my valuation on Monday and then if that comes back okay everything will be approved 🥳 fingers crossed other people have had some movement today as well

HS1234

HopefulFTB1 said:

Just had an update from Bluestones, I have to pay for my valuation on Monday and then if that comes back okay everything will be approved 🥳 fingers crossed other people have had some movement today as well

Congratulations 🥳 fingers crossed it all comes back fine 🤞🏻

What date did you get passed over to the underwriters. 

MovingForwards

Nedsawaiting said:

We had our valuation last week 22/6 and were asked for loads more info a week later on the 30/6 which we submitted the next day. Things like how far my partner lives from work etc🙄 Seems like we are nowhere near offer such a nightmare😞. We are 5 weeks into application and buying a new build on help to buy. Fingers crossed we get some good news soon. So stressful. I know there are people who have been waiting longer so feel bad for moaning. Each day of waiting seems like an eternity🤣

I double checked what kind of distance I could get away with moving to and did my search within that, 90 minutes each way was about the limit my broker said. The property I purchased was 20 miles from work or 2h by 2 buses and walking or 1 hour by bus, train and walking or 30 mins by car in (haven't done a proper rush hour run back from the office to know what time it will take but busy traffic was 1h).

HopefulFTB1

HS1234 said:

HopefulFTB1 said:

Just had an update from Bluestones, I have to pay for my valuation on Monday and then if that comes back okay everything will be approved 🥳 fingers crossed other people have had some movement today as well

Congratulations 🥳 fingers crossed it all comes back fine 🤞🏻

What date did you get passed over to the underwriters. 

I feel so relieved, hopefully everything with the valuation comes back okay!

Not until the 23rd June so has been relatively quick for me

HS1234

HopefulFTB1 said:

HS1234 said:

HopefulFTB1 said:

Just had an update from Bluestones, I have to pay for my valuation on Monday and then if that comes back okay everything will be approved 🥳 fingers crossed other people have had some movement today as well

Congratulations 🥳 fingers crossed it all comes back fine 🤞🏻

What date did you get passed over to the underwriters. 

I feel so relieved, hopefully everything with the valuation comes back okay!

Not until the 23rd June so has been relatively quick for me

Hopefully me and a couple other on here will hear back early next week. 

Their website says working on 22nd today so that’s a good sign if urs was 23rd. 

Valuation shouldn’t take too long hopefully. I requested ours on Monday paid on Wednesday and it’s booked in for Monday.