Rates now start from 7.4% with a maximum LTV of 85%
Specialist lender Bluestone Mortgages has announced rate reductions of up to 64 basis points (bps) across its entire product range.
The lender said the reductions will be applied across its residential two-, three-, and five-year fixed product range, covering all standard and fee-free ranges.
As a result of Bluestone’s latest pricing change, its rates now start from 7.4% with a maximum loan-to-value (LTV) of 85%.
Get ready for a fresh look at your clients mortgage options. We're pleased to announce a reduction on our residential two-year, three-year, and five-year fixed rates! 📷 This fantastic update applies to both our standard and fees-free ranges.https://t.co/n2hMN2G0KQ pic.twitter.com/pZRt59yvcj
— Bluestone Mortgages (@BluestoneMortg) October 25, 2023
“As stubborn inflation and the cost-of-living crisis continue to squeeze people’s finances, we remain committed to providing support to the growing number of customers who don’t meet the traditional lending criteria,” commented Reece Beddall (pictured), sales and marketing director at Bluestone Mortgages.
“Today’s rate reduction is testament to this, and will help provide that vital lifeline to those disenfranchised customers looking to achieve their homeownership goals.”
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