Bluestone cuts rates across entire product range by up to 40bps

The rate cuts include reductions across the lender's residential, right-to-buy, and deposit unlock ranges.

Related topics:  Finance,  Mortgages,  Rates
Property | Reporter
7th August 2024
Mortgages

Bluestone Mortgages today announces rate reductions across its entire product range to further support a growing number of customers with adverse credit.

According to the lender, rates have now decreased by up to 40bps across standard and fee-free product ranges, starting at 6.34% for a 65% LTV. Updated rates will be available on Bluestone’s Broker Portal starting today.

Mark Hollands, Head of Sales and Distribution, Bluestone Mortgages, comments: “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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