Bluestone Mortgages has cut rates across its residential, buy-to-let (BTL) and Help to Buy mortgage ranges.
Rates in its residential and BTL ranges have fallen by up to 1.87 per cent across all products, whilst its Help to Buy products have decreased by up to 1.14 per cent.
Its residential variable rate product at 80 per cent LTV has fallen by 1.87 per cent to 5.1 per cent, whilst its residential two-year fixed rate at 60 per cent LTV will now start from 3.45 per cent, down from 3.89 per cent.
The lender’s five-year fixed rate in its Help to Buy range will now have a rate of 4.5 per cent, a reduction of 0.59 per cent.
The lender’s BTL two-year fixed rate product at 60 per cent LTV has gone from 4.89 per cent to 4.45 per cent.
Reece Beddall, Bluestone Mortgages sales and marketing director, said: “We remain committed to supporting the complex credit market throughout the pandemic and beyond, and we only expect it to grow as more people come out of lockdown with financial challenges.
“These rate cuts reinforce our commitment to our customers who have been disenfranchised from the mainstream mortgage market and will position us as one of the most competitive lenders in the specialist space at a time when we expect demand to increase.”
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
