PMS members and appointed representatives of Sesame now have access to six new exclusive products funded by Precise Mortgages.
The two-year and three-year fixes begin at 6.19% and are available for loans up to 80% LTV.
The initial fixed rate payable will be determined by the level of any adverse credit history the clients may have; however Precise Mortgages says it wll ignore any County Court Judgements or defaults older than two years.
“These offerings are an excellent addition for our members to offer their clients,” said Robert McCoy, PMS’s senior product and communications manager.
“Following recent changes to the core range products and required criteria, as well as improvements to Precise Mortgages’ automated decision, more borrowers – both purchasers and re-mortgagers – will be able to qualify for these products.”
Alan Cleary, managing director of Precise Mortgages, said: “Since launching the core range a few weeks ago, we have seen a dramatic increase in demand for this type of product.
“These exclusive offerings are more competitive on price than our core range and also have the added benefit of an extended end date.”