Precise Mortgages, part of the OSB Group, has announced lower rates across their 5-year fixed rate terms within their limited edition range and a wider choice to help brokers support customers with affordability challenges.
Some key highlights include:
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Reduced rates on 5-year fixed terms starting from 5.24%
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Lowered minimum loan size to £40,000 across all limited edition products
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Introduction of new 5-year fixed rate product including 7% fee
Adrian Moloney, Group Intermediary Director, OSB Group, said: “We’re delighted to be able to lower rates across our 5-year fixed rate mortgages within our limited edition buy-to-let range.
With market challenges set to continue and strong rental demand remaining, landlord affordability is paramount, that’s why we’re able to assess 5-year affordability at pay rate across loans for single dwelling, HMO and multi-unit properties.”
FOR INTERMEDIARIES ONLY