Bluestone Mortgages has announced further rate reductions across its entire fixed rate product range.

These include two, three and five-year products, to support a growing number of customers with complex and adverse credit needs.

Rates have decreased by 35bps across the lender’s five-year range, and by up to 30% across its two and three-year fixed rate products. Rates will now start from 7% for a five-year fixed rate clear product at 70% LTV and will be available up to a maximum LTV of 85%.

All products benefit from no application fees and for customers remortgaging, the lender is offering free basic legal or a £500 contribution to solicitors costs.

Reece Beddall, sales & marketing director, Bluestone Mortgages, said: “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.

“Our latest round of rate cuts reinforces our commitment to support borrowers in this position and help make their homeownership dreams a reality.”