Precise makes large rate reductions across all product ranges and reintroduces…
Precise, part of OSB Group, has relaunched their limited edition residential range as well as cutting rates across its entire range up to 105bps.
The reintroduction of the limited edition residential range follows broker feedback and the 1% fee product provides wider choice for brokers and their customers.
Highlights include:
- Residential limited editionlaunch on 2 year & 5 year fixed, all adverse tiers & up to 75% LTV. Rates from 5.19%. Minimum loan amount £125,000 with a 1% fee.
- Buy-to-let. Rates lowered by 0.25% across the range.
- Bridging. Standard and Tier 1 light refurbishment across 70% and 75% LTV reduced by 0.05% per month. Tier 2 heavy refurbishment also reduced by 0.05% per month across the range.
- Refurbishment buy-to-let. Reduced by up to 105bps, Tier 1 aligned with standard refurbishment to simplify the range. EPC C+ refurbishment now 0.20% cheaper. Rates from 5.24% per annum.
Adrian Moloney, group intermediary director, OSB Group said, “We are constantly reviewing our ranges and rates to ensure we are supporting our brokers and their customers with differing financial needs.
We have reintroduced our popular limited edition residential range which offers our lowest rates and includes options for those with impaired credit which helps customers who may struggle to secure a high street mortgage.
We are delighted to also offer reduced rates to our buy-to-let and Refurbishment products which can be used for single dwellings, HMOs and MUFBs.”
