It reduces fixed rates by up to 35 basis points
Specialist lender Bluestone Mortgages has made further rate cuts across its entire fixed rate product range, including two-, three-, and five-year products.
Aiming to support a growing number of customers with complex and adverse credit needs, the lender has reduced rates by 35 basis points (bps) across its five-year range, and by up to 30bps across its two- and three-year fixed rate products.
Rates now start from 7% for a five-year fixed rate product at 70% LTV, available up to a maximum LTV of 85%.
All products have no application fees, and for customers remortgaging, the lender is also offering free basic legal or a £500 contribution to solicitors’ costs.
Last month, Bluestone also reduced rates across its entire fixed rate product range.
“All too often, borrowers with a blip in their credit history get overlooked, and it’s our duty to provide them with affordable solutions so that they can repair their credit,” said Reece Beddall (pictured), sales and marketing director at Bluestone Mortgages. “Our latest round of rate cuts reinforces our commitment to support borrowers in this position and help make their homeownership dreams a reality.”
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