Precise Mortgages expands residential range

By: ameer@trustedteam.com

Precise Mortgages has expanded as well as reduced rates across its residential mortgage range.

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The lender said the product enhancement is to help brokers support customers with greater choice and flexibility around affordability challenges.

The residential range now includes 80% loan to value (LTV) rate products as well as limited edition 65% LTV products, with rates starting from 5.44%.

Precise Mortgages, part of the OSB Group, also offers products with a range of options such as £0 product fee, refund on valuation and £300 cashback.”

OSB Group intermediary director Adrian Moloney said: “We are delighted to be lowering rates and widening our product offering for residential mortgages. Although there hasn’t been a more challenging time for house purchasing, the recent increase in housing activity, coupled with mortgage rates easing, has led housing experts to agree that it could be a buyer’s market. These rate reductions demonstrate our ability and appetite to support brokers and their customers as we step into a new year.”

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