Bluestone Mortgages is bringing back its full range of credit categories for residential and buy-to-let borrowers from today.

The lender resumed lending on its “clear” range following an announcement on May 13, but is now offering products across all credit categories up to a maximum of 75 per cent loan-to-value with mortgages capped at £500,000.

The lender allows up to four defaults and three County Court judgements within the last three years per applicant.

It will also consider applicants with up to four missed mortgage payments in months 13-24 of their previous deal,  but none within the first 12 months.

Bluestone will ignore all CCJs and defaults under £300.

It says it does not use credit scoring and will consider self-employed borrowers with just one year’s trading history.

It will base affordability on the latest year’s trading.

Bluestone Mortgages managing director Steve Seal says: “We have been working hard over recent weeks to ensure we can continue to support as many customers as possible in what is evidently a more challenging market. 

“It is testament to the whole team at Bluestone, and the support shown from our funders, that we are now able to offer our full product range again. “As ever, our focus remains on delivering an efficient, flexible and reliable service to both customers and brokers, as we go about processing new and existing applications.

“Today’s news reaffirms our commitment to support underserved consumers and ensuring that they are able to access the lending they need.”