"This launch reacts to current market conditions, providing our brokers with residential customers more options for their mortgages."
- Adrian Moloney, intermediary director at OSB Group
Precise has expanded its residential offering with one-year fixed rates and lifetime tracker mortgages.
The new lifetime tracker products include a fee option which has no ERCs or a fee-free option which includes ERCs for two years.
Both products are available up to 85% LTV across different levels of adverse.
Adrian Moloney, intermediary director at OSB Group, said: “This launch reacts to current market conditions, providing our brokers with residential customers more options for their mortgages.
"Whether customers are looking for the comfort of a short-term fixed payment or for those wanting more freedom than what a fixed rate offers, these new products are designed to support the customers’ changing needs in an ever-changing market.”
