"There is increasing demand for products targeted to address particular issues faced by brokers and landlords "
The new 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%.
Products are available to landlords applying as individuals or through limited companies and on portfolios comprising houses in multiple occupation.
Precise says the five-year fixed rates are ideal for low yield and high value properties above £300,000 helping landlords get the loan size they want with the assessment rate based on the pay rate.
Alan Cleary, managing director of Precise Mortgages, said: “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.”
