Precise, part of OSB Group, has refreshed its residential product range and reduced rates across the 75% and 85% loan-to-value (LTV) bands.
The changes include new fee options and reductions in selected reversion rates by up to 2.25%.
Rates now start from 5.64% on a 5-year fixed mortgage.
The expanded fee options include a £0 fee option and a new £1,495 fee option.
These are available on products with 75% and up to 85% LTV.
Adrian Moloney, group intermediary director at OSB Group, said: “With house price and interest rate challenges continuing into 2025 as well as stamp duty changes on the horizon, residential customers are keen to get ahead in securing their property purchases to avoid higher costs as we know this is an additional barrier.”
“In response to these challenges, not only have we reduced our residential rates but we’ve included a wider range of fee options to cater for those who can pay a little more upfront and secure a lower rate as well as those who welcome the chance to lower their upfront costs.”
