The change will apply to new terms and will not affect people who already have variable terms.
The partnership will see Bluestone products and services offered through Brilliant Solutions’ direct-to-lender mortgage club.
Standard Life has suspended trading in its £2.9bn UK commercial property fund – the first such closure since the financial crisis.
Shawbrook Bank has merged its commercial and secured lending divisions into a combined property finance business.
Tenet’s ARs will also gain access to TFC’s QuickSearch sourcing system, which allows brokers to source specialist and mainstream products in one place.
BAML predicted interest rates being reduced from 0.50% to 0% next month, while Goldman Sachs expected a 0.25% cut.
In the event of a Remain vote house price growth is likely to slow as the UK is approaching its limit in terms of housing affordability which could reduce demand for properties.
The event at Ashton Gate is being supported by over 40 exhibitors including specialist lenders, building societies, retirement planning companies and industry bodies such as the FCA, the Equity Release Council and the Society of Mortgage Professionals.
Ilsen said a direct replacement won’t be made and it will be “business as usual” for the lender, while Ross said Bloom represents one of the many successful young entrepreneurs the business has trained in its 80 year history.
Peter Saunders recommended for the Bank of England to rein in mortgage lending if necessary to ensure house price to earnings ratios are maintained.