Bluestone makes wholesale rate reductions

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Bluestone Mortgages has announced rate reductions across its whole product range.

Cuts have been made to products including Residential, Right to Buy, and Deposit Unlock, to support a growing number of customers with adverse credit.

Rates have now decreased by up to 40bps across standard and fee-free product ranges, starting at 6.34% for a 65% LTV.

Mark Hollands, head of sales and distribution at Bluestone Mortgages, said: “Following last week’s base rate announcement and a fall in swap rates, we’re pleased to be able to pass on rate reductions to our customers.

“These reductions demonstrate our commitment to providing customers who do not fit the traditional lending criteria with the solutions they need to climb onto or up the property ladder.”

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