The changes come into force from tomorrow, with the new range available from 8am. The current range will be withdrawn at 10pm.
The lender said that selected Deposit Unlock products at 95 per cent loan to value (LTV) will fall by 0.08 per cent or be increased by 0.12 per cent.
The company added that its 10-year product at 75 per cent LTV has increased by 0.07 per cent.
Accord Mortgages said that a full mortgage application must be submitted by the time of withdrawal to secure a new lending product.
It urged brokers to submit a decision in principle as soon as possible as referrals would be looked at during normal working hours.
Bluestone Mortgages slashes rates across whole product range
Bluestone Mortgages will lower rates across its whole product range today to “further support a growing cohort of customers who do not meet the traditional lending criteria of the mainstream mortgage market”.
The lender will reduce rates by up to 0.64 per cent across its residential two, three and five-year fixed product range.
The changes will apply to standard and fee-free ranges, with pricing beginning from 7.4 per cent with a maximum LTV of 85 per cent.
Reece Beddall, sales and marketing director at Bluestone Mortgages, said: “As stubborn inflation and the cost of living crisis continue to squeeze people’s finances, we remain committed to providing support to the growing number of customers who don’t meet the traditional lending criteria.
“Today’s rate reduction is testament to this, and will help provide that vital lifeline to those disenfranchised customers looking to achieve their homeownership goals.”
