Bluestone reduces rates across entire mortgage range by up to 0.60%

Deposit Unlock products have seen the largest reductions.

Related topics:  Mortgages
Rozi Jones | Editor, Financial Reporter
2nd July 2024
house price coin down
"With inflation down at 2% and expectations of a rate cut in August, we’re pleased to announce rate reductions across our entire product suite."
- 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.

Rates have decreased by up to 40bps across standard and fee-free product ranges, now starting from 6.59% at 65% LTV.

Additionally, Bluestone has reduced rates by up to 60bps for its 95% Deposit Unlock products, with rates from 7.24%.

All products benefit from no application fees and for customers remortgaging, the lender is offering free basic legal fees or a £500 contribution to solicitors costs.

Mark Hollands, head of sales and distribution at Bluestone Mortgages, commented: “With inflation down at 2% and expectations of a rate cut in August, we’re pleased to announce rate reductions across our entire product suite. This demonstrates our ongoing efforts to provide customers with solutions that suit their unique circumstances so that they can make their homeownership dream a reality.”

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