To assist brokers in supporting clients who face adverse situations, Precise Mortgages is introducing a new line of residential products that combines lower rates with a wider selection.
The company, which is a member of the OSB Group, claims that the range’s primary highlights include rates that are now starting at 5.39%, and that some products now provide valuation refunds (up to a maximum of £630), payback of £300, and no product costs.
The product selection is accessible for both new purchases and refinancing.
It was crucial for Precise to launch a home line that offered possibilities for borrowers with less-than-perfect credit, including those who could have been turned down by a high street lender, according to OSB Group intermediary director Adrian Moloney.
At Precise Mortgages, we think a credit wobble shouldn’t always prevent residential consumers from accessing a mortgage, thus we accept a variety of unfavourable, including those with CCJs and defaults, as well as current and satisfied DMPs.