Shawbrook Retail Mortgages has introduced a series of rate reductions to Bluestone Mortgages product range, in a bid to help buyers take the next step on their homeownership journey.
In its core range, Clear products now start from 5.79% up to 65% loan-to-value (LTV) on a 2-year fixed rate, a reduction of 0.20%.
For customers looking for longer-term stability, Clear 5-year fixed rate products now begin at 5.64% up to 65% LTV and 5.69% up to 70% LTV, both reduced by 0.15%.
In addition, reductions can also be seen on Bluestone’s Bank Base Rate (BBB) range, where 2-year fixed rate products now start from 6.64% up to 65% LTV and 6.69% up to 70% LTV, both reduced by 0.25%.
Steve Griffiths, commercial director for retail mortgages at Shawbrook, said: “At Bluestone, our focus has always been on helping people achieve their property ambitions, even when their circumstances might not fit the mould of high street lenders.
“These latest changes give advisers more opportunities to find the right solutions for their clients.
“We remain committed to continually evolving our products and proposition to reflect the changing needs of mortgage customers, while working closely with advisers to support as many clients as possible on their homeownership journey.”
