"These latest changes give advisers more opportunities to find the right solutions for their clients"
- Steve Griffiths - Shawbrook
Bluestone Mortgages has reduced rates across its product range, with core products now starting from 5.64%, offering up to 25bps off standard and fee-free options.
The changes aim to support customers who may face challenges accessing mainstream lenders due to past credit issues or complex income arrangements. Shawbrook Retail Mortgages announced the reductions, which are intended to help more clients with complex credit and income backgrounds take the next step on their homeownership journey.
In the core Clear range:
Two-year fixed rates now start at 5.79% for up to 65% LTV, down 20bps.
Five-year fixed rates begin at 5.64% for up to 65% LTV and 5.69% for up to 70% LTV, both reduced by 15bps.
For the BBB range:
Two-year fixed rates start from 6.64% up to 65% LTV and 6.69% up to 70% LTV, both down 25bps, giving advisers additional opportunities to assist clients with more complex mortgage needs.
“At Bluestone, our focus has always been on helping people achieve their property ambitions, even when their circumstances might not fit the mould of high street lenders," comments Steve Griffiths, commercial director for retail mortgages at Shawbrook (pictured). "These latest changes give advisers more opportunities to find the right solutions for their clients. We remain committed to continually evolving our products and proposition to reflect the changing needs of mortgage customers, while working closely with advisers to support as many clients as possible on their homeownership journey.”
