Precise cuts rates on near-prime mortgage range

Precise Mortgages has reduced the rates on all of the products within its range of near-prime mortgages.

Its fixed rate deals have been cut by 0.6% with rates now starting from 5.24% for a two-year fix available up to 70% LTV.

In addition, Precise has launched a new two-year fixed rate deal, which has a rate of 5.49% and is available up to 70% LTV, while it comes with £250 cashback, a free standard valuation and assessment fee.