Steve is the CEO and an Executive Director of Bluestone Mortgages, a fast growing specialist lender with a strong focus on supporting borrowers with complex credit profiles. As an experienced financial services executive with over 25 years of experience in the UK mortgage market, Steve has brought his wealth of industry knowledge to help Bluestone establish itself as a market-leading specialist lender, expand its product range, and drive significant growth.
Over a quarter of the UK’s self-employed population are considering quitting and returning to regular employments, according to research from Bluestone Mortgages. Over a third (37%) of self-employed workers have admitted they are worse off since the pandemic, with 28% considering giving up self-employment. Those aged
Since the final quarter of last year, we’ve witnessed a myriad of economic obstacles which have affected consumers’ personal finances for the worse.
THE BANK OF ENGLAND has confirmed an interest rates increase to 0.5 percent.
“While today’s decision to raise rates is hardly surprising given current inflationary pressures, it will no doubt be difficult news for borrowers, many of whom are already feeling the squeeze on their personal finances.
“For those who find themselves in a more challenging financial situation, it’s important to remember there are still lenders out there who can point them in the right direction and help them achieve their homeownership dream.”
“With rising energy prices, and the hike to national insurance contributions, we’re likely to see a growing cohort of customers locked out of the mainstream mortgage market.”