"Giving brokers the support and resource they need to best serve their clients remains a core priority for Bluestone."
The lender will launch new fixed rate products alongside improvements across its residential and buy-to-let mortgage range.
Bluestone has introduced a new five-year fixed rate product starting at 4.20%, as well as making reductions to existing rates which now start at 3.93%
As part of the review, Bluestone has reintroduced its IVA and Bankruptcy products, as well as its 85% LTV residential mortgage. The lender has also increased its maximum loan amount to £1,000,000 while reducing its minimum loan to £50,000. The minimum property value to qualify has further been reduced to £75,000 in a bid to help borrowers with smaller deposits.
Bluestone has also expanded its broker support team to seven members. Two new underwriters have been appointed as well as two new telephone Business Development Managers who support field based account managers.
Peter McGuinness, CEO of Bluestone Group, commented: “As a specialist lender, Bluestone’s focus is on providing appropriate finance solutions to consumers who are currently underserved or who have been excluded by mainstream lenders. We have been assisting customers obtain finance for over 16 years in our various markets; we understand the importance of providing tailored solutions to suit individual needs, whilst backing this up with first rate service to our intermediary partners.
“Giving brokers the support and resource they need to best serve their clients remains a core priority for Bluestone. By strengthening our service team and bolstering our underwriting capabilities, we are confident that these new improvements will be attractive for both our brokers and customers alike.”
