Bluestone Mortgages

Willowlou

Me too! Let’s cross fingers we all get some sort of good news this week 🤞🤞
I think this thread is the only thing keeping me sane

disneydreamer1985

Willowlou said:

disneydreamer1985 said:

We got our extension

Yay! That’s great 😃 
We’re still waiting to hear back from valuation 😬

It will be fine. It can take a few days for the report to be sent over. Do you know who did the report for you? Bluestone have their chosen company and they tend to source it out. I rang the company Bluestone used and found out who had conducted our valuation and chased them to see if it had been sent back to Bluestone

Willowlou

disneydreamer1985 said:

Willowlou said:

disneydreamer1985 said:

We got our extension

Yay! That’s great 😃 
We’re still waiting to hear back from valuation 😬

It will be fine. It can take a few days for the report to be sent over. Do you know who did the report for you? Bluestone have their chosen company and they tend to source it out. I rang the company Bluestone used and found out who had conducted our valuation and chased them to see if it had been sent back to Bluestone

I had an email from my MA yesterday to say Bluestone has received valuation and it’s come in as expected at the purchase price, it’s now in the queue for assessment and will hear in due course… been on tenterhooks ever since 😭

Kb21

We moved in June with a mortgage with bluestones. How’s everyone getting on? It’s a long slog but worth it guys trust me 

Lastchanceforahome

Does anyone know what questions BS ask in the employer refs? They have applied for ours today and this is the last stage before valuation apparently so nearly there I think 

Stixalot

Kb21 said:

We moved in June with a mortgage with bluestones. How’s everyone getting on? It’s a long slog but worth it guys trust me 

Well things are moving quite quickly it seems! the valuation has just come back now and been told 1-2 days for the offer to be issued!

katett77

Willowlou said:

katett77 said:

Thought I would write on here to let people know our time frame with Bluestone and reassure those waiting...

Our MA put our application in on the 18th August.

Our MA had gathered quite a lot of standard info from us for the DIP but immediately after application submitted BS asked for:

24 of rent payments proof-we got letter from letting agency
Statements from gifted deposit account (my mum who was helping us out)
Our deposit proof (ISAs in my case)
Latest bank statements up to August (they only had until July)
P60 for me 

We were then asked for various other things to complete, including

outstanding credit info form to be completed and signed by us
tenancy reference (completed by letting agency-despite having already done 24 month proof letter) 
self employed declaration for my husband
how we paid for childcare (although comes out of salary on my payslip and i'd flagged this)
more forms for gifted deposit

We were never asked about expenditure and we never have much money left at end of month.

Valuation booked for 20th September 
Valuation back 22nd September 
Mortgage offer received 27th September with lower rate than expected

We are completing on the 29th October and although it's been stressful at times, it is worth it. We never had to wait too long when info submitted and MA was good at reassuring us this was all normal.

Good luck to all those waiting, I never believed we would be able to buy a house, with our past credit issues but it can be done!

That’s really helpful thank you for sharing! My valuation was completed on Friday, had confirmation today it was back and ok so now waiting. Were you asked any more info from valuation to offer? That’s the bit that’s stressing me now.. the not knowing. 

No more info requested from valuation to offer. We got the valuation back and then MA called to say offer was on it's way!

Willowlou

We have received our verbal offer this afternoon 🎉🎉🎉 

Kerrylou2

Willowlou said:

We have received our verbal offer this afternoon 🎉🎉🎉 

Brilliant news 🥳🥳

Willowlou

Kerrylou2 said:

Willowlou said:

We have received our verbal offer this afternoon 🎉🎉🎉 

Brilliant news 🥳🥳

Have you heard any more yet?