Precise Mortgages improves range
Share
Precise Mortgages has made a number of improvements to its range of Near Prime Home Owner mortgage products.
It is now offering up to 80% LTV across all products, up from 75% LTV.
The lender has also introduced product fees, replacing percentage fees, offering a fee of £795 for lower loan sizes.
It also offers no ERCs on tracker products and a cashback and refund of valuation fee available on many products.
Precise Mortgages is also offering to pay one mortgage broker’s mortgage for a year. All brokers who are registered on the lender’s mortgage platform by the end of the month will be entered into a draw to win the prize.
Alan Cleary, managing director of Precise Mortgages, says: “We have recently launched a campaign to help borrowers who are finding it difficult to get a mortgage on the high street, this is just one of the initiatives we will be launching in our Prime Time for Near Prime campaign over the coming months.”
If you enjoyed this article, sign up here to receive daily email updates from Mortgage Strategy and Follow @mortgagestrat
