Tuesday 21 March 2023

UK-based lender Shawbrook Group plc has agreed to acquire London-based specialist mortgage lender Bluestone Mortgages Ltd. (BML), primarily on owner-occupied mortgages, the company said.

Terms of the transaction were not disclosed.

BML, part of the Bluestone Group, was established in 2014 and has rapidly secured a notable share of the UK specialist mortgage market through a compelling product and service proposition.

The two organisations also share an approach to providing specialist finance at scale, which combines technology and data with the expertise and judgement of their people.

Shawbrook is designed to accommodate individuality, diversity and the dynamics of the modern world.