Announced
Completed
Financials
Tags
Mortgage Finance
mortgage lender
Majority
Private
mortgage finance
United Kingdom
Acquisition
Domestic
Friendly
Single Bidder
Completed
Synopsis
Shawbrook, a specialist savings and lending bank, completed the acquisition of Bluestone Mortgages, a specialist mortgage lender focused primarily on owner-occupied mortgages. Financial terms were not disclosed. "We are delighted to have strengthened our long-standing and successful partnership with Bluestone Mortgages through this acquisition. Bluestone Mortgages is a well-established brand in the UK specialist residential mortgage market, and by bringing the two organisations together, we can use our combined capabilities and scale to offer an even stronger proposition to UK homeowners," Marcelino Castrillo, Shawbrook CEO.
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