Bluestone Mortgages is accepting new mortgage applications again across its residential and buy to let ‘clear’ credit ranges from 13 May.
This news follows Bluestone’s decision in April to temporarily pause new applications due to restrictions across the housing market caused by the coronavirus pandemic.
To process new applications up to 75 per cent loan to value (LTV) the lender will make use of automated valuation models (AVMs) and desktop valuations.
Bluestone’s support services will remain open for existing customers and ongoing applications will continue to be underwritten and assessed during this period.
Steve Seal (pictured), managing director at Bluestone Mortgages, said: “We are really pleased to be back and open for business and have had strong support from our funders and the valuation industry in adapting to the current market.
“As we kickstart activity over the coming weeks, our focus will be on supporting brokers who have existing pipeline applications that can now progress, and on delivering strong service levels to brokers submitting new customer applications.”
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS