Bluestone Mortgages has launched rate cuts across its fixed-rate residential and buy-to-let mortgages of up to 50 basis points.  

The specialist lender says the reductions run across its two-, three- and five-year fixed rate ranges, with rates starting at 7.10% and lending up to 85% loan to value. It adds that the cuts include the firm’s fee-free product ranges.    

Highlights include:  

• A two-year fixed-rate purchase and remortgage 60% LTV deal, starting at 8.05%, with a £1,495 fee.   
• A three-year fixed-rate purchase and remortgage 75% LTV offer, starting at 7.99%, with a £1,495 fee.   
• And a five-year fixed-rate purchase and remortgage 60% LTV offer, starting at 7.49%, with a £1,495 fee.   

The firm adds that remortgages come with free basic legal fees or a £500 contribution to solicitor’s costs.  

Bluestone Mortgages sales & marketing director Reece Beddall adds: “As the cost of living continues to put further strain on household and personal finances, we remain committed to providing brokers and their customers with the options and support they need to navigate these challenging times.   

“Today’s rate reduction is a testament to this, and we hope that it will provide a helping hand to those looking to achieve their homeownership goals in the current climate.”