Mortgages

Bluestone Mortgages launches Help to Buy Wales range

Rozi Jones
|
24th October 2018
welsh wales flag dragon
"Like the rest of the England, there is a growing pool of these borrowers here in Wales"

Bluestone Mortgages has extended its Help to Buy range into Wales following its entry into the market last month.

Bluestone has also extended the maximum term across its Help to Buy products to 35 years, in line with its core product range.

The Help to Buy products are available across all of Bluestone’s credit tiers across two, three and five-year fixed rate mortgages as well as variable rate options, with rates starting from 3.99%.
The maximum loan amount will be driven by the maximum property value available on the Help to Buy scheme, which is currently £300,000 for Wales.

The Help to Buy mortgage offer will be valid for six months with extensions possible where the property construction is delayed.

Steve Seal, director of sales and marketing at Bluestone Mortgages, commented: “Due to popular demand, we are very excited to extend our Help to Buy range. We’re very aware of the challenges underserved borrowers face when trying to step onto the property ladder, for example those with credit issues, or complex and irregular sources of income.

"Like the rest of the England, there is a growing pool of these borrowers here in Wales, and we’re confident our range will help these customers benefit from the opportunity of the Government’s Help to Buy scheme.

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