The packager exclusives are aimed at the near prime residential market with some options allowing defaults, CCJs and missed mortgage payments.
Options also include a refund of valuation costs and £250 cash back.
Dale Jannels, managing director at AToM, said: "We have worked closely with Precise Mortgages for some months and they certainly are a lender who listens and are at the forefront of product innovation. These near prime fixed rate products are a good offering and cater for defaults, CCJs and also recent missed mortgage payments. We’re seeing a huge increase in this sector of the market, so these products are aptly timed.”
Deals are available up to 75% LTV with £1,495 to £2,495 arrangement fees (can be added) up to a maximum loan of £300k and early repayment charges apply in the fixed rate period only. Normal valuation and legal fees apply.
Jannels added: “We’re also really impressed that Precise Mortgages have gone one step further and launched some super near prime buy-to-let products. This is a gap in the market and these products will assist those enquiries that currently do not have a home."
Roger Morris, Precise Mortgages' sales director, said: “We continue to listen and support the intermediary market, and we hope that the new products will help brokers service good customers who may have a slight blip on their credit profile."
