Precise Mortgages has simplified its Home Owner range.
Rates have been cut and now start at 2.64%.
Details include:
- Almost Prime range introduced alongside Near Prime
- 85% LTV rates start at 3.79%
- Arrangement Fees from £995 with no upfront booking fee
- Refund of valuation fee and free legal service available on selected products
- Six tiers of adverse have been condensed into two
- Products available nationwide in England and Wales and selected postcodes in Scotland
- 85% LTV available through selected packagers
Connect Mortgages, part of Connect Group, is today sending its introducers details of the latest exclusive enhancements to Precise Mortgages’ range. It is one of a limited number of packagers to launch these new products.
Kevin Ward, head of operations at Connect Mortgages, said: “We are delighted to have this opportunity to showcase these products for Precise Mortgages. Very few partners are getting this exclusive on the LTV.
The confidence being displayed by Precise in Connect is a testament to the hard work we have done and the great support of our introducers. I am sure they will appreciate the new criteria and we believe that many more will see our packaging service as a natural home for their mortgage business.”
Alan Cleary, managing director at Precise Mortgages, said: ” Connect Mortgages has proved itself as a consistent supporter of the Precise cause in both quality and volume terms. So we are pleased to have them and a few other partners lead these new changes to our lending policy.
“The constant feedback we have from the intermediary market helps to drive our thinking on new products and service, so we are delighted to bring these great enhancements to fruition.”