Precise Mortgages has introduced a new selection of residential products aimed at assisting brokers in supporting clients who face adverse challenges.
The new range offers lower rates and a wider choice to accommodate clients with less-than-perfect credit profiles.
The key features of the new residential range include reduced rates starting from 5.39%, selected products offering a refund of valuation (up to £630), £300 cashback, and no product fees, as well as availability for both purchase and remortgage.
Adrian Moloney (pictured), group intermediary director at OSB Group, said: “We understand that our brokers have clients confronting significant financial challenges, so it was crucial for us to present a residential range that caters to less-than-perfect credit profiles, including those who may have been declined by a high street lender.”
Precise Mortgages believes that a credit issue should not necessarily prevent residential customers from accessing a mortgage.
Consequently, the company accepts a wide variety of adverse cases, including those with CCJs and defaults, as well as active and satisfied DMPs.
