The Mortgage Lender and Bluestone Mortgages have reduced selected residential mortgage rates by up to 25 basis points.

The changes take effect from 30 July 2026 and cover a range of specialist residential products.

The Mortgage Lender, known as TML, has cut selected two-year and five-year fixed rates by up to 25 basis points.

Selected two-year fixed rates have been reduced by up to 25 basis points, while selected five-year fixed rates have fallen by up to 15 basis points.

TML’s rates now start at 5.69% for its RL0 75% loan-to-value two-year fixed product.

Bluestone Mortgages has reduced selected five-year fixed residential mortgage rates by up to 15 basis points, with rates starting at 6.04%.

Louise Apollonio (pictured), sales and distribution director, retail mortgages at Shawbrook, said: “Brokers are supporting customers with a wide range of circumstances, so having access to choice across the specialist residential market remains important.

“These targeted reductions across TML and Bluestone Mortgages are designed to strengthen the options available and help brokers find suitable solutions for their clients.”