Bluestone cuts rates across entire product range by up to 0.40%

Rates now start from 6.34% at 65% LTV.

Related topics:  Mortgages
Rozi Jones | Editor, Financial Reporter
7th August 2024
blocks with percentage signs going down
"Following last week’s base rate announcement and a fall in swap rates, we’re pleased to be able to pass on rate reductions to our customers."
- Mark Hollands, head of sales and distribution at Bluestone

Bluestone Mortgages has announced rate reductions across its entire product range, including residential, Right to Buy, and Deposit Unlock, to support a growing number of customers with adverse credit.

Rates have now decreased by up to 40bps across standard and fee-free product ranges, now starting from 6.34% at 65% LTV.

The latest reductions follow cuts of up to 0.60% across Bluestone's entire range last month.

Mark Hollands, head of sales and distribution at Bluestone Mortgages, commented: “Following last week’s base rate announcement and a fall in swap rates, we’re pleased to be able to pass on rate reductions to our customers. 

"These reductions demonstrate our commitment to providing customers who do not fit the traditional lending criteria with the solutions they need to climb onto or up the property ladder.”

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