Bluestone MortgagesĀ has made rate reductions across its entire product range, including residential, Right to Buy, and Deposit Unlock.
Rates have been reduced by up to 0.10% across Bluestoneās standard and fee-free product ranges, with rates now starting at 6.14% for a 65% loan-to-value (LTV).
All products have no application fees, and for remortgaging customers, the lender is offering free basic legal fees, or a Ā£500 contribution to solicitors costs.Ā
This rate reduction follows Bluestoneās criteria update, which raised the maximum LTV on its BBB product from 70% to 75%, providing additional support for borrowers saving for a deposit.
Mark Hollands, head of sales and distribution at Bluestone Mortgages, said: āTo kickstart the new year, weāre pleased to announce rate reductions across our entire product suite.
“This demonstrates our ongoing commitment to an underserved cohort of the market.
“By lowering rates and enhancing our criteria, we aim to make borrowing more accessible and help even more people take steps toward achieving their homeownership goals.ā