The new product range can be viewed at www.precisemortgages.co.uk. Established by industry experts, Precise Mortgages is a new breed of mortgage lender exclusively dedicated to the intermediary market.
Ben Thompson, director, mortgages at Legal & General said: “We’re really pleased to be in a position to bring another new lender to the market, and we’re sure that this is the start of great things to come from Precise Mortgages. There is a distinct gap in the buy-to-let market that Precise Mortgages are looking to fill so this is bright news for private landlords. There are only a small handful of lenders that are serving the buy-to-let sector and Precise Mortgages will bring innovation and much needed competition. Both parties expect the buy-to-let market to grow significantly in the near future.”
Alan Cleary, managing director at Precise Mortgages said: “We are delighted to be distributing our mortgages via Legal & General as it was top of the list of mortgage clubs that we wanted to do business with. Its excellent track record is enviable and we look forward to working with L&G to help the mortgage market get back on its feet.”
