Dubbed “The Halloween Special” Precise now has rates starting from 2.89% fixed for two years with no arrangement fee at 70% loan-to-value and 3.39% with no fee at 80% LTV. Both rates revert to a rate of 3.92%.
Alan Cleary, managing director of Precise Mortgages, said "These are some of the best prime mortgage products available in the intermediary market. Now that we have widened distribution for this product brokers will need to act fast to secure this rate for their customers."
Last week Mortgage Introducer reported Precise Mortgages had expanded distribution of its prime mortgage range to include Personal Touch and Openwork appointed representatives after previously offering limited distribution through semi-exclusives with Legal & General and Sesame advisers.
