Bluestone Mortgages further reduces fixed rates and Deposit Unlock scheme

Bluestone Mortgages has made further rate cuts across its 2- and 5-year fixed rate products and its Deposit Unlock scheme to support those with adverse credit and first-time buyers looking to climb onto the property ladder.

Rates have decreased by up to 0.76% across the lender’s 2-year and 5-year fixed range, with rates now starting at 6.34%.

Bluestone has also reduced rates by up to 0.31% on its Deposit Unlock, a scheme which the lender started to offer in January.

Reece Beddall (pictured), sales and marketing director at Bluestone Mortgages, said: “At Bluestone, we are committed to supporting those customers with adverse credit who are unable to meet the traditional lending criteria of high street lenders, as well as those who are looking to climb onto the property ladder for the first time.

“These rate reductions are a part of our ongoing efforts to provide people with solutions that suit their unique circumstances so that they can make their homeownership dream a reality.”