According to the lender, the Help-to-Buy products are available across all of Bluestone’s credit tiers at up to 75% loan-to-value (LTV) on a five-year fixed rate. Rates start from 4.96% and Bluestone highlight that they will offer free upfront valuation on all products across the whole range.
Reece Beddall, Sales & Marketing Director, Bluestone Mortgages, comments: “At a time when affordability is a key concern for many, particularly for first-time buyers, we’re making these rate changes to provide further support for customers with complex credit as they look to get on the housing ladder before the Help-to-Buy scheme comes to an end next year.
"With the scheme ending in 2023, first-time buyers will be losing this additional support. This is why we’re currently exploring replacement schemes that will enable us to continually support our customers, especially as the cost of living continues to rise. This demonstrates our commitment to offering everyone the equal opportunity to be able to climb onto the property ladder and own their dream home. Ultimately, these changes will provide our customers greater support and give them the help that they deserve but haven’t been able to find elsewhere.”
