It aims to support more 'non-vanilla' borrowers
Bluestone Mortgages has announced a rate reduction across its three- and five-year fixed product range.
The lender said it lowered rates to provide further support to a growing number of customers who do not fit the ‘vanilla’ profile.
Rates were reduced by up to 80 basis points across the three- and five-year fixed rate product ranges, with rates starting at 7.65% at lending up to 85% LTV. These rates will be available for all new fully submitted applications.
Read more: Bluestone Mortgages has new strategy director.
“Despite the ongoing inflationary pressures, we are committed to providing our brokers and their customers with the support they need through these challenging times and to ultimately help them climb onto or up the property ladder,” , commented Reece Beddall (pictured), sales and marketing director at Bluestone Mortgages.
Bluestone Mortgages is the residential lending arm of Bluestone Group, a specialist lending and fintech business with headquarters in Cambridge and offices in London, Sheffield, and Dublin.
