Connect Mortgage Club (CMC) has launched new buy-to-let products through its partnership with Precise Mortgages.
It the first premier panel member to offer brokers access to Precise Mortgage’s new prime buy-to-let products.
The range includes two-year tracker rates from 2.84% and two-year fixed rates from 3.04%. Finance is available to 75% LTV and the lender has an improved rental calculation at 5%.
Liz Syms, managing director of Connect Mortgage Club, said: “We are delighted to be able to offer our network members and the wider broker market access to these excellent new buy-to-let products. This new offering from Precise Mortgages demonstrates their commitment not only to the buy-to-let market, but also to the intermediary sector.
“The low interest rate combined with the favourable rental calculation makes these products extremely competitive and we are confident they will prove very popular within the broker community.”
Roger Morris, sales director at Precise Mortgages, added: “These are the cheapest buy-to-let products we have ever offered the intermediary market.
“Connect have a proven expertise in buy-to-let finance and are ideally placed to help us promote these new products, as it is important to us that we are able to offer the very best service to our supporting brokers.”
