Precise Mortgages adds product transfer options

Precise Mortgages has increased its product transfer options, in a bid to provide borrowers with greater choice and flexibility.

The addition of new products with fees aimed to complement the existing range of fee-free products, and will be available for both residential and buy-to-let mortgages.

Examples of residential options include 2-year, 3-year and 5-year fixed rate deals with rates from 6.29% for products with a 1% product fee.

Precise also introduced 1-year, 2-year, 3-year and 5-year fixed rate buy-to-let products, with rates from 4.59% for products with a 3% product fee, and 6.59% for products with a 1% product fee.

Adrian Moloney (pictured), group intermediary director at OSB Group, said: “The introduction of these products will provide further options to support brokers with their residential and buy-to-let customers looking to retain their mortgages with Precise Mortgages.

“We always stress that it’s vital for customers to engage with a broker to get the best advice on the options available to them.”

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