Alan Cleary

Precise offers limited edition BTL range

Precise Mortgages has launched its new five-year fixed rate buy-to-let range with reduced rates and product fees.

The limited-edition products are available at 3.49% with a 1.5% product fee and 3.59% with a 1% product fee on LTVs of up to 75%.

The range is available to landlords applying as individuals or as limited companies and can be used on portfolios comprising HMOs.

The specialist lender believes that the five-year fixed rates are ideal for low-yield and high-value properties above £300,000, assisting landlords to get the loan size they want with the assessment rate based on the pay rate.

“There is increasing demand for products targeted to address particular issues faced by brokers and landlords, which is a major part of our role as a specialist lender as the new range demonstrates,” said Alan Cleary, managing director at Precise Mortgages (pictured above).

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