Bluestone Mortgages drops rates by up to 30% across its two and three-year fixed rate products

Bluestone’s 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. Consequently, 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%.

For customers remortgaging, Bluestone is offering free basic legal or a £500 contribution to solicitors, while all products benefit from no application fees.

Commenting on the rate reductions, Reece Beddall, Sales & Marketing Director at Bluestone Mortgages, has 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.”