Bluestone Mortgages Offer Extension

NannyPlum89

Hi all, 

Our mortgage offer from Bluestone is about to expire and our new build isn't going to be ready in time. Does anyone have any experience of needing to request an extension from Bluestone? Was it straightforward?

Thanks 

MovingForwards

I had to get an extension as I was buying during the original lockdown, payslips and updated bank statements were provided then I sat back and waited to see if I got it.

NannyPlum89

MovingForwards said:

I had to get an extension as I was buying during the original lockdown, payslips and updated bank statements were provided then I sat back and waited to see if I got it.

Thanks, I hope it all went well for you. Do you happen to remember roughly how long it took for a decision? Our broker has said to get back in touch a week or two before the offer expires.

MovingForwards

NannyPlum89 said:

MovingForwards said:

I had to get an extension as I was buying during the original lockdown, payslips and updated bank statements were provided then I sat back and waited to see if I got it.

Thanks, I hope it all went well for you. Do you happen to remember roughly how long it took for a decision? Our broker has said to get back in touch a week or two before the offer expires.

It wasn't long, about a week, but everything was totally different back near the start of lockdown and things are also a little slower now due to the amount of applications going in.

I got my extension, then exchanged and completed in 2 weeks; old property and in Scotland.

Trust your broker, they deal with these lenders regularly.