Bluestone Mortgages

Marie0987

Jentel31 said:

Hey all! 

So employment references all back in timely fashion thank goodness! 😅
We've now been told by broker that our references have all been accepted and our case is moving to Bluestones final internal credit risk checks prior to getting our offer? Is this what people are referring to as final underwriter? Assume if there were any big concerns we would have heard before this point?! Is this right? So nerve-wracking! 🙈🙈

Ar this is the same as me ! It just says “awaiting final decision” on their system. Valuation was carried out on 01/12 so fingers crossed I will have a decision from them soon 🙏🏻 

Jentel31

Marie0987 said:

Jentel31 said:

Hey all! 

So employment references all back in timely fashion thank goodness! 😅
We've now been told by broker that our references have all been accepted and our case is moving to Bluestones final internal credit risk checks prior to getting our offer? Is this what people are referring to as final underwriter? Assume if there were any big concerns we would have heard before this point?! Is this right? So nerve-wracking! 🙈🙈

Ar this is the same as me ! It just says “awaiting final decision” on their system. Valuation was carried out on 01/12 so fingers crossed I will have a decision from them soon 🙏🏻 

It's so nerve-wracking - we're lucky that the process so far has moved quite fast but every minute waiting is torture! 😅

doglover34

Good luck you're both at the final hurdle now...keep us posted when offers come in!

Snow_Man84

Good Afternoon All,
New to the group here
We are in the process of applying for our mortgage and seem to be caught up in what seems like an endless cycle of requesting more information then having to wait 5-6 working days for BS to look at supplied docs...........Reading through the posts and looks like this is a common theme. So Frustrating!!!

• Full Application Submitted - 29/9/2020
• Request for Additional Docs - 16/10/2020
• Request for Additional Doc - 2/11/2020
• Reduced Max Lend following update ONS info on affordability - 20/11/2020
• Supplied evidence of Pay Rise so support affordability for original lend - 23/11/2020
• Request for Additional Docs - 25/11/2020
• Request for Additional Docs 30/11/2020

springmagpie

Snow_Man84 said:

Good Afternoon All,
New to the group here
We are in the process of applying for our mortgage and seem to be caught up in what seems like an endless cycle of requesting more information then having to wait 5-6 working days for BS to look at supplied docs...........Reading through the posts and looks like this is a common theme. So Frustrating!!!

• Full Application Submitted - 29/9/2020
• Request for Additional Docs - 16/10/2020
• Request for Additional Doc - 2/11/2020
• Reduced Max Lend following update ONS info on affordability - 20/11/2020
• Supplied evidence of Pay Rise so support affordability for original lend - 23/11/2020
• Request for Additional Docs - 25/11/2020
• Request for Additional Docs 30/11/2020

I feel your pain, we seem to be stuck in the endless cycle of more docs, then affordability, then more docs then affordability again. We paid for the valuation weeks ago but it hasn't got to that stage yet. As of Friday we were £16 a month away from where we need to be on affordability, our MA is waiting for an update now we've cancelled more things! 

Marie0987

Hi all!
I received my mortgage offer this morning. Valuation was done on 01/12. 

Just adding this to the thread as I know how awful it is waiting but it will come through. 

Good luck to everyone ❤️

doglover34

Ok so update for us, we are due to complete 11th Dec - we didnt end up exchanging on 4th as solicitor was waiting on confirmation that the funds will be with her by the 11th from Bluestone.  Bluestone have the Certificate of Title but said they need to review it and will advise solicitor if 11th is doable for the monies in the next few days.  Then we can exchange once its in but his does not help us as we have movers booked for the 11th so we're a little stressed right now being left in limbo again from BS!

polarbear1975

So we finally got our mortgage offer through at the end of November. Since then the solicitor has been moving on with the various conveyancing tasks but a large bump in the road has emerged. My OH works in retail and was on furlough for a few days at the start of the second lockdown. They have asked for current payslips and the timing is that the most recent one includes the few days she was not at work. At the time she had considered taking annual leave but as the difference in pay was only £50 we decided not to bother. The employer reference for her was done after she was back to work and the offer issued after that but we are now worried that they will pull the offer if we cannot provide a full payslip. We are supposed to be completing on the 17th and her next payslip, which will be fine, isn't due until the 24th! Will this be a case of so close yet so far....

doglover34

Have they asked for more payslips on your offer?? If not they you dont have to send them

polarbear1975

Yes, was part of the special conditions on offer sheet that said:
"Bluestone to receive a copy of both applicants monthly payslips evidencing them as being in receipt of their full salary. Any element of furlough payment will not be acceptable. This payslip must be dated within 30 days of release of funds. "