Bluestone Mortgages

HopefulFTB1

HS1234 said:

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. 

Fingers crossed for you all 🤞

disneydreamer1985

How long does it usually take to get valuation done once booked in?

HS1234

disneydreamer1985 said:

How long does it usually take to get valuation done once booked in?

Matter of days I’m guessing and depends on the vendors. Ours called on Thursday and was booked in for Monday. 

waitingstill

Anybody got any recommendations for building insurance for bluestone?

MovingForwards

waitingstill said:

Anybody got any recommendations for building insurance for bluestone?

I went with direct line, it's upto £50k for contents and upto £1m for buildings with their lowest cover, then you can add optional extras like escape of water, accidental damage etc (I only took the legal cover). They happily note bluestone as an interested party and send an abridged version of the policy with key points noted so it can be forwarded to your solicitor / broker who send it to bluestone.

I've recently renewed and not had to worry about working out rebuild costs or whether my personal possessions are over a certain amount.

waitingstill

MovingForwards said:

waitingstill said:

Anybody got any recommendations for building insurance for bluestone?

I went with direct line, it's upto £50k for contents and upto £1m for buildings with their lowest cover, then you can add optional extras like escape of water, accidental damage etc (I only took the legal cover). They happily note bluestone as an interested party and send an abridged version of the policy with key points noted so it can be forwarded to your solicitor / broker who send it to bluestone.

I've recently renewed and not had to worry about working out rebuild costs or whether my personal possessions are over a certain amount.

Thank you 😊 

disneydreamer1985

MovingForwards said:

waitingstill said:

Anybody got any recommendations for building insurance for bluestone?

I went with direct line, it's upto £50k for contents and upto £1m for buildings with their lowest cover, then you can add optional extras like escape of water, accidental damage etc (I only took the legal cover). They happily note bluestone as an interested party and send an abridged version of the policy with key points noted so it can be forwarded to your solicitor / broker who send it to bluestone.

I've recently renewed and not had to worry about working out rebuild costs or whether my personal possessions are over a certain amount.

How do you get them to add Bluestone as an interested party? 

MovingForwards

disneydreamer1985 said:

MovingForwards said:

waitingstill said:

Anybody got any recommendations for building insurance for bluestone?

I went with direct line, it's upto £50k for contents and upto £1m for buildings with their lowest cover, then you can add optional extras like escape of water, accidental damage etc (I only took the legal cover). They happily note bluestone as an interested party and send an abridged version of the policy with key points noted so it can be forwarded to your solicitor / broker who send it to bluestone.

I've recently renewed and not had to worry about working out rebuild costs or whether my personal possessions are over a certain amount.

How do you get them to add Bluestone as an interested party? 

I called them as I also wanted an email to confirm the details. This was about 5 weeks into the original lockdown and the guy I spoke with was friendly and chatty, nothing was too much trouble 😊

My purchase was a Scottish flat and I wanted to double check the building insurance did cover my portion of it should anything happen (most are freehold flats up here). 

With comparison sites there's the option of noting their interest, but I needed that near instant proof as my solicitor was pushing everything through within 2 weeks of getting the offer extension.

There's 14 day change of mind so if the purchase doesn't go through the policy can be cancelled (subject to their cancellation terms), the policy documents are posted out to your new place (odd I know, but that's what happens).

Jessicajessica94

I hope everyone gets positive news this week 💫!

Cosy2020

For those of you with offers was it a condition that you put Bluestone on your home insurance as an interested party?