Bluestone Mortgages has made rate reductions across its whole product range to further support a growing cohort of customers who do not meet traditional lending criteria.
The lender reduced rates by up to 0.64% across its residential 2-year, 3-year and 5-year fixed product ranges.
This applies across all standard and fee-free ranges, and rates will now start from 7.40% with a maximum loan-to-value (LTV) of 85%.
Reece Beddall (pictured), sales & marketing director at Bluestone Mortgages, said: “As stubborn inflation and the cost-of-living crisis continue to squeeze people’s finances, we remain committed to providing support to the growing number of customers who don’t meet the traditional lending criteria.
“Today’s rate reduction is testament to this, and will help provide that vital lifeline to those disenfranchised customers looking to achieve their homeownership goals.”
