Precise Mortgages Unveils Limited Edition Residential Deals and Sub-4% Buy-to-Let Mortgage

Precise Mortgages, part of the OSB Group, has announced the launch of new limited-edition mortgage products, featuring significant rate reductions across both its residential and buy-to-let (BTL) ranges. These new offerings aim to provide more competitive and flexible solutions for a wider range of borrowers.

For residential mortgages, Precise Mortgages has introduced new deals with rates starting from 5.79% for products with no fee. A key benefit for borrowers with less-than-perfect credit profiles is the substantial reduction in revert rates, with cuts of up to 200 basis points (bps). These residential products are available up to 85% loan-to-value (LTV), broadening access for various homeowners.

Key Benefits

In its buy-to-let (BTL) product range, Precise Mortgages has introduced a highly competitive sub-4% rate, with rates now starting from 3.99% for products with a 5% fee. This makes it one of the most attractive options in the market for BTL investors.

Further highlights within the BTL range include:

Eligibility Criteria

• HMO Tier 1 rates starting from 4.14% with a 5% fee.
• No restriction on loan size, offering flexibility for larger investments.
• Availability of both two-year and five-year fixed-rate products at 75% LTV.

These strategic new products and rate adjustments by Precise Mortgages demonstrate its commitment to meeting the diverse needs of both residential and buy-to-let customers, including those with specialist requirements.

Application Process