Precise Mortgages, a member of the OSB Group, has revealed a series of rate reductions and the addition of new products to its residential mortgage range.
The updated residential mortgage lineup now features products at 80% loan-to-value (LTV) rates, in addition to limited edition 65% LTV options, with rates beginning at 5.44%.
Adrian Moloney (pictured), group intermediary director at OSB Group, said: “As we start 2024, we are delighted to be lowering rates and widening our product offering for residential mortgages.
“Despite the challenges in the housing market, the recent uptick in housing activity and the easing of mortgage rates suggest it could be a buyer’s market.
“These rate reductions underscore our commitment to supporting brokers and their customers at the outset of the new year.”
Furthermore, Precise Mortgages has diversified its product range to include features such as a £0 product fee, a refund on valuation costs up to £630, and a £300 cashback incentive.
