Don’t Miss Out! Rate Drop – Act Now!
Big changes are coming to the Right to Buy scheme, and we want to make sure you’re fully informed and ready to take action. Tenants have been given a deadline of November 21st to get their RTB application in with their Social Landlords to take advantage of the current discounts on offer and Bluestone Mortgages wants to help you provide your clients with the most suitable RTB products available.
We’re therefore pleased to be able to reduce our RTB rates to support our customer base. These reductions demonstrate our commitment to providing customers who do not fit the traditional lending criteria with the solutions they need to make their homeownership dreams a reality.
Key features of our RTB products:
- Rates have decreased by 50bps, with rates now starting at 6.24% in line with our standard residential rates.
- Rates have decreased by 50bps, with rates now starting at 6.24% in line with our standard residential rates.
- We offer financing for up to 75% of the open market value.
- We offer financing for up to 75% of the open market value.
- Our fixed-rate range provides stability for clients over a 5-year period.
- Our fixed-rate range provides stability for clients over a 5-year period.
- Clients can finance their discounted purchase price entirely with us, up to 75% of the market value.
- Clients can finance their discounted purchase price entirely with us, up to 75% of the market value.
You can find the updated information in our latest product guide, or on our broker portal, sourcing systems will be updated as soon as possible to reflect these changes.