Precise and Crystal launch Right to Buy product

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Precise Mortgages has teamed up with Crystal Specialist Finance to offer an exclusive Right to Buy product with a valuation fee refund of up to £630.

This product is available to all local authority or housing association tenants in England who want to buy their house through the Right to Buy scheme.

Rates start from 5.39 per cent for a two-year fixed rate and 5.59 per cent for five-year fixes, with 75 per cent LTV on properties of up to £500,000.

The maximum discount is capped at £103,900 in London and £77,900 in other regions.

Applications with some adverse credit will also be considered.

Brokers can find out more details by selecting Crystal Mortgages in the payment route on the Precise Mortgages portal or by contacting the CSF team.

Precise Mortgages director of sales Roger Morris says: “It’s a great product, and one that will be welcomed by council and housing association tenants throughout England.”