"Our refreshed residential range provides increased affordability options as well as potential solutions for those with varying degrees of credit impairment."
- Adrian Moloney, intermediary director at OSB Group
Precise has reduced rates across its entire residential range including its five-year fixed product which has been reduced by 60bps.
Five-year fixed rates now start from 5.29% while two-year fixes start from 5.69% with a reduced reversion rate to help increase customers’ borrowing capacity.
One-year fixed rates also from 5.69% with a reduced reversion rate, while lifetime trackers start from 6.64%, now with a fixed fee of £995.
Adrian Moloney, intermediary director at OSB Group, said: “Following on from the Bank of England announcement last week which brought the base rate down to 5%, we’re delighted to be offering our lowest rates for some time.
“Our refreshed residential range provides increased affordability options as well as potential solutions for those with varying degrees of credit impairment. We’ve really amplified our support towards the many borrowers out there who are facing difficulties with trying to get a mortgage from a high street lender.”
