Precise Mortgages, part of the OSB Group, has lowered rates across a wide range of residential products.
Alongside this, the lender has also introduced supporting measures to help brokers accommodate clients with wider adverse requirements including Right to Buy products.
Highlights of the new residential range include 5-year fixed rates starting from 5.49%, 2- and 3-year fixed rates starting from 5.79% and the re-introduction of 85% loan-to-value (LTV) products. Options are also available for clients on debt management plans (DMPs)
Adrian Moloney (pictured), group intermediary director, 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.”
