Precise overhauls residential range

Precise Mortgages, the specialist lender, has today launched its new residential mortgage product range in preparation for an anticipated busy end to 2014.

Related topics:  Mortgages
Amy Loddington
3rd September 2014
Mortgages

Highlights of the new range are that fixed rates have been cut by up to 0.91% and now start from 3.24%, with product fees having been reduced (now starting from £995, instead of £1495).

Reversion rates have been reduced on many products and now start from 4.99%, previously 5.52%.

There is also reduced pricing in the Packager range and the addition of Lifetime Trackers, and reduced pricing in the Network and Club exclusive range. All fixed rate end dates have been extended to December 2016.

Alan Cleary, Managing Director of Precise Mortgages, commented:

"This is the most competitive residential product range we have launched and I am pleased to say that this is just the first of a number of product developments from us.  We have also launched an eye catching new advertising campaign featuring a new message every week during the run up to Christmas. We hope it will make intermediaries smile.”

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