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Bluestone - DIP
afreshstart86
Posts: 36 Forumite
Hi All,
We are trying to move property, but due to adverse credit we have gone via a broker. She has been thorough and has advised that Bluestone are 'happy to approve the DIP' but they needed proof of a payment to a Credit Card which I sent over on Tuesday.
I have checked my Experian and Bluestone completed the soft search on the 5th May.
From experiences do you think we will get the DIP approved? I got my hopes up from the email saying they are happy to approve it, but now its taking longer I am having doubts.
Any advice welcome.
Thank you x
We are trying to move property, but due to adverse credit we have gone via a broker. She has been thorough and has advised that Bluestone are 'happy to approve the DIP' but they needed proof of a payment to a Credit Card which I sent over on Tuesday.
I have checked my Experian and Bluestone completed the soft search on the 5th May.
From experiences do you think we will get the DIP approved? I got my hopes up from the email saying they are happy to approve it, but now its taking longer I am having doubts.
Any advice welcome.
Thank you x
0
Comments
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@afreshstart86 Generally speaking, I would say the chances of a decline are minimal. There's a lot of background work that goes in prior to that and as brokers, by the time we put in a DIP with lenders like Bluestone, you're almost certain that it will be okayed.
See this thread with a similar query for further reassurance
https://forums.moneysavingexpert.com/discussion/6352769/bluestone-dip
I am a Mortgage Adviser - You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
PLEASE DO NOT SEND PMs asking for one-to-one-advice, or representation.
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There's also a long running thread about bluestone where everyone talks about their experiences:
https://forums.moneysavingexpert.com/discussion/6113960/bluestone-mortgages/p1Mortgage started 2020, aiming to clear 31/12/2029.0
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