Precise expands its distribution
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Hot on the heels of its official authorisation by the Financial Services Authority earlier this week Precise Mortgages has expanded its list of distributors and launched its Autumn buy-to-let product range.
Members off Personal Touch Financial Services, PMS and 3MC can now access its product range in addition to members of L&G Mortgages Club, Mortgage Intelligence, Mortgage Next, Mortgageforce, Mortgages For Business and TMBC.
The autumn range includes two-year trackers with rates from 4.89% and lifetime tracker products starting at 4.99%. Product highlights include no ERC products, a product with cashback and a free standard valuation for a maximum of £475. It has also removed the assessment fee which was previously £280.
Alan Cleary, managing director of Precise Mortgages, says: “We hope that the new range will help those borrowers that have been locked out of the mortgage market. We are thrilled to be able to widen our distribution and look forward to working with our new panel of partners.”
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