The Mortgage Lender (TML) and Bluestone Mortgages have announced a series of targeted residential mortgage rate reductions, effective from 30 July 2026. The changes are designed to give brokers greater choice across the specialist residential market, with selected rates reduced by up to 25bps.
TML has reduced selected rates across its residential mortgage range by up to 25bps across selected two and five-year fixed products. Highlights include:
- Selected two-year fixed rates reduced by up to 25bps
- Selected five-year fixed rates reduced by up to 15bps
- Rates now start from 5.69% for the RL0 75% LTV two-year fixed product.
Bluestone Mortgages has reduced selected five-year fixed residential mortgage rates by up to 15bps across selected products, with rates starting from 6.04%.
Louise Apollonio, Sales and Distribution Director, Retail Mortgages at Shawbrook, commented: "Brokers are supporting customers with a wide range of circumstances, so having access to choice across the specialist residential market remains important. These targeted reductions across TML and Bluestone Mortgages are designed to strengthen the options available and help brokers find suitable solutions for their clients."
