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Bluestone returns to 85% LTV lending

Bluestone Mortgages has upped its maximum LTV amount to 85 per cent.

This occurs across both residential and buy-to-let products and all five of its credit categories – Clear, AAA, AA, A, and BBB – and is accompanied by the extension of the residential maximum loan size to £1m.

The lender adds that automated valuation models will continue to be used in all cases.

Bluestone head of sales and marketing Reece Beddall says: “Today’s news is testament to the work of the Bluestone team and the support of our funders and intermediary partners.

“Over recent weeks, we have been focusing on ensuring we can return to our pre-Covid product range as quickly and efficiently as possible, and it is a delight to be able to announce this to the market today.”

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