Bluestone Mortgages

ACG

They are not linked. They are pulling information from the credit file, not from other parts of the business. 

jamesieboi46

The APR on my loan was massive...sure it was like 84% surely haysto would of had this sussed before getting my AIP there will have been alot of people on this thread with high interest loans surely 

Proghouse95

So Bluestone have come back & apologised to broker for issuing an AIP given they’d already rejected us & subsequently withdrawn the AIP based on the credit spring issue. My broker has also apologised to me but still thinks he can help.

  My advice is if you ever think about getting a credit spring loan to rebuild credit . DON’T.. It should have a warning telling you that you could severely hamper your chances of ever getting a mortgage if you take out a credit spring loan.

jamesieboi46

What even if its a closed account? Or was yours active now? I had 1 from 2022 but was settled with no default on it last year.

Proghouse95

jamesieboi46 said:

What even if it’s a closed account? Or was yours active now? I had 1 from 2022 but was settled with no default on it last year.

It wasn’t closed until this week .. I believe it was because it was taken out with in the last 12 months. April last year.  From what I can gather if you’ve taken out a high interest loan more than 12 months ago you should be fine. So in May I’ll be fine.  sadly thats no good to me.

Baffles me though. DMP’s, IVA’s, CCJ’s all ok, even missed mortgage payments,( I’ve had none of these by the way) but paid in full high interest loan with no defaults big NO NO .🤷‍♂️

chuppachops123

We got our offer through today!! I’m in actual disbelief, I think I still won’t believe it until I physically have the keys! 

Has anyone experience of the conditions they put  on the offer…. For example ours says ‘solicitor to confirm they will pay the following debts upon completion FOREST KING’ Forest King is who my IVA was with put I paid this off in November so a little confused??

This forum is a life saver by the way xxx

ACG

chuppachops123 said:

We got our offer through today!! I’m in actual disbelief, I think I still won’t believe it until I physically have the keys! 

Has anyone experience of the conditions they put  on the offer…. For example ours says ‘solicitor to confirm they will pay the following debts upon completion FOREST KING’ Forest King is who my IVA was with put I paid this off in November so a little confused??

This forum is a life saver by the way xxx

Just give the solicitor evidence to show it has been paid off. That will be fine. 

jamesieboi46

Proghouse95 said:

jamesieboi46 said:

What even if it’s a closed account? Or was yours active now? I had 1 from 2022 but was settled with no default on it last year.

It wasn’t closed until this week .. I believe it was because it was taken out with in the last 12 months. April last year.  From what I can gather if you’ve taken out a high interest loan more than 12 months ago you should be fine. So in May I’ll be fine.  sadly thats no good to me.

Baffles me though. DMP’s, IVA’s, CCJ’s all ok, even missed mortgage payments,( I’ve had none of these by the way) but paid in full high interest loan with no defaults big NO NO .🤷‍♂️

Aw I thought u had said it was paid of 6 weeks ago from applying?  I never knew all this about loans being in within the 12 month mark thanks for letting me know this I haven't had any loans since 2022 thankfully!! Good luck I'm sure u will get sorted somewhere else!

jamesieboi46

chuppachops123 said:

We got our offer through today!! I’m in actual disbelief, I think I still won’t believe it until I physically have the keys! 

Has anyone experience of the conditions they put  on the offer…. For example ours says ‘solicitor to confirm they will pay the following debts upon completion FOREST KING’ Forest King is who my IVA was with put I paid this off in November so a little confused??

This forum is a life saver by the way xxx

Congratulations 🎊 👏 

jamesieboi46

Offer on house accepted time to get the ball rolling sellers want a quick process hope it doesn't take as long as some people have had experiences off!