It offers new buy-to-let lifetime trackers
Precise Mortgages has launched new buy-to-let lifetime tracker products, expanding the range of its fixed rate limited edition BTL products released to the market last week.
The mortgage lender, part of the OSB Group, said the new range has been designed to help brokers and their landlord customers with alternative and affordable buy-to-let lending options. It also includes tracker products for customers looking to remain flexible in the current economic climate.
The new limited edition range of both fixed and tracker products include lifetime trackers from 4.99% including two options without early repayment charges, two-year fixed rates at 5.19%, five-year fixed rates at 5.44% - available up to 75% LTV.
Read more: Precise Mortgages enhances refurbishment BTL range.
“We’ve all been facing some challenging times with the economic market going through a period of significant change and of course this has impacted product availability and service levels,” Adrian Moloney (pictured), intermediary director at OSB Group, commented. “Our teams have worked hard to bring service back inline and launch new products to support the changing needs of our customers.
“We’ve been reviewing our processes to improve efficiency as well as actively recruiting to ensure we’re offering brokers the standard of service they rightly expect. The launch of the limited edition range helps us to further support brokers and their clients who are looking for flexibility around their financing options.”
