Bluestone Mortgages has become the latest lender to offer an online residential affordability calculator.

It provides brokers with the ability to receive an estimate of how much their clients can borrow with Bluestone Mortgages, in advance of  completing a Decision in Principle.

“LONG TIME COMING”

Mark Hollands, head of sales & distribution at Bluestone Mortgages, said: “We understand that having access to a robust affordability calculator is crucial when working with complex cases.

“We fully appreciate from broker feedback that this has been a long time coming, so we are delighted that we have been able to deliver a tool that will streamline the mortgage process, making it easier for brokers to serve their clients quickly and confidently.

“Our commitment to supporting brokers remains stronger than ever, and we’re confident that our new calculator will enhance the experience for brokers and their clients moving forward.”

The specialist lender recently announced rate reductions across its standard and purchase fee-free product ranges.