"This new range provides options for clients with less-than-perfect credit profiles, including those with CCJs, defaults and active DMPs."
Precise Mortgages has launched a new residential mortgage range with reduced rates and new supporting measures to help brokers accommodate clients with wider adverse requirements including Right to Buy products.
The new range offers five-year fixed rates from 5.49% and two and three-year fixed rates from 5.79%.
Precise has also re-introduced its 85% LTV products alongside new options for clients on debt management plans (DMPs).
Adrian Moloney, intermediary director at OSB Group, said: “We wanted to hit the ground running and provide solutions for our brokers, who together with their clients, are facing some really tough financial challenges.
“This new range provides options for clients with less-than-perfect credit profiles, including those with CCJs, defaults and active DMPs. To keep things simple, brokers can take advantage of Precise Mortgage’s online automated cascade system, where cases are filtered until an appropriate product is found, without the need to reapply.
“The cascade system is a real time saver, especially with more complex cases although we’re always happy to discuss case specifics prior to application. Alternatively we also offer Live Chat and have a dedicated telephone support team on hand so there’s a wide range of support available to help brokers do more business.”
