Bluestone Mortgages has cut rates by up to 80 basis points across its three and five-year fixed-rate residential product ranges, starting at 7.65% and lending up to 85% loan to value. 

The specialist lender says the range is aimed at “a growing number of customers who do not fit a ‘vanilla’ profile,” such as clients with county court judgements and debt management plans, as well as self-employed borrowers with less than two years of work history. 

The firm adds that highlights of the initiative includes a three-year fixed-rate loan at 7.69%, at up to 85% LTV, with a £1495 fee. It also offers the same rate with no fees, a free valuation, and cashback, or free legals, for residential remortgages. 

It also trades a five-year fixed-rate deal at 7.65%, at up to 85% LTV, with a £1495 fee. It also offers the same rate with no fees, a free valuation, and cashback, or free legals, for residential remortgages. 

Bluestone Mortgages sales and marketing director Reece Beddall says: “Despite the ongoing inflationary pressures, we are committed to providing our brokers and their customers with the support they need through these challenging times and to ultimately help them climb onto or up the property ladder.”