Shawbrook Reduces Rates Across The Mortgage Lender (TML) and Bluestone Mortgages Brands

Shawbrook Retail Mortgages has announced a fresh round of rate reductions across its two key brands, The Mortgage Lender (TML) and Bluestone Mortgages, aiming to further support homebuyers and landlords.

For The Mortgage Lender (TML): TML has reduced its residential fixed rates by up to 0.35% for both two-year and five-year terms on purchase and remortgage applications, with rates now starting from 5.49%. For landlords, TML's five-year fixed buy-to-let products have also seen repricing, with rates for both individuals and limited companies now starting from 4.41% for products that include a 5% completion fee.

Key Benefits

For Bluestone Mortgages: Bluestone Mortgages has lowered rates on its residential range by up to 0.25%, with pricing on purchase and remortgage deals now starting from 5.99%.

Steve Griffiths, Commercial Director for Retail Mortgages at Shawbrook, commented on the changes: "We are pleased to announce a host of rate reductions across our retail mortgage brands in order to better support brokers and their clients." He emphasized Shawbrook's commitment to regularly reviewing and improving its offerings to ensure support for clients with diverse circumstances, including landlords, the self-employed, and those with complex income or credit profiles.

Eligibility Criteria

These strategic rate cuts across Shawbrook's retail mortgage arm reinforce its dedication to providing competitive and flexible financing solutions in the current market.

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