As the award winning short term lender launches the best BTL rates in the market, it also reveals it is now providing an exclusive valuation refund for loans over £500,000.

Last week, Precise Mortgages revealed a range of semi- exclusive products for its key networks and clubs as well as introducing its lowest ever priced 80 per cent LTV buy to let product. On the same week the short term lender announced to its brokers that on loans over £500,000 via Positive Lending, clients could be eligible for a valuations refund.

With the Buy-to-Let range, there are three distinct changes:

·         Network and Club exclusives in the Residential range including up to £1000 cash back

·         The lowest priced 80 per cent LTV buy to let product ever launched

·         Introduction of refund of valuation and cash back products into the buy to let range

Alan Cleary, Managing Director of Precise Mortgages, commented: "The summer holidays do not appear to have slowed our volumes down but we have capacity to do more.  We hope that these products help mortgage intermediaries do more business over the traditionally slower holiday period."

Recently, Precise Mortgages have reduced the rates across second charge bridging loans by up to 0.30 per cent. Second Charge bridging monthly rates currently stand at 0.90 per cent.