Precise Mortgages lowers rates on 2-year residential products

Specialist lender Precise Mortgages is making changes to its residential range, effective from Thursday 14th September.

The lender is launching a range of 2-year products with lower rates, as well as limited edition products featuring refunded valuation and £300 cashback.

Applications for the current range must be fully submitted before 5pm today (13th September), and all supporting documents must be uploaded by 5pm on Friday 15th September.

Nicholas Mendes, mortgage technical manager at John Charcol, said: “Precise have been active in recent days, last week saw a reduction in their 5 year fixed rate and release of their limited edition range for BTLs.

“Today’s announcements to reduce their 5 year fixed and a valuation refund is great news and the little extra that goes a long way in supporting clients.”

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