Bluestone makes wholesale rate reductions

Published on

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.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Richard Pike: A conference of positivity – Global ABS Day three

It’s time for reflection of the last three days here in Barca. To readers,...

MIMHC launches fifth annual mental health and wellbeing survey

The Mortgage Industry Mental Health Charter (MIMHC) has launched its fifth annual Mental Health...

Cotality and Landbay streamline buy-to-let submissions with integration

Landbay has become the first buy-to-let lender to integrate brokers directly into Cotality’s Buy...

Maximising embedded value and delivering a great service

While advisers understand the importance of looking after existing clients, nurturing your back book...

Newcastle for Intermediaries reduces residential stress rate

Newcastle for Intermediaries has improved affordability options by reducing its residential stress rate for...

Latest opinions

Richard Pike: A conference of positivity – Global ABS Day three

It’s time for reflection of the last three days here in Barca. To readers,...

Maximising embedded value and delivering a great service

While advisers understand the importance of looking after existing clients, nurturing your back book...

Open banking and smart data transformed finance – now it’s time to do the same for property

The UK is set for a 'smart data' revolution, a revolution which began with...

Richard Pike: Day two from the Global ABS Conference in Barcelona

We’re just coming to an end of day two at the Global ABS conference....

Other news

Richard Pike: A conference of positivity – Global ABS Day three

It’s time for reflection of the last three days here in Barca. To readers,...

MIMHC launches fifth annual mental health and wellbeing survey

The Mortgage Industry Mental Health Charter (MIMHC) has launched its fifth annual Mental Health...

Cotality and Landbay streamline buy-to-let submissions with integration

Landbay has become the first buy-to-let lender to integrate brokers directly into Cotality’s Buy...