The deal offers interest rates from 4.54% for two years linked to Libor and comes with a fixed fee starting at £995. The product has no early repayment charges.
Neil Hoare, proposition & marketing director at the mortgage network, said: “Precise Mortgages has recognised that not everyone who wants a mortgage has a perfect credit record and, in the true spirit of treating customers fairly, have delivered a solution to consumers who, over the past few years, may not been able to enjoy wide access to competitively priced finance.”
Alan Cleary, managing director of Precise Mortgages, added: “Pink Home Loans has an excellent track record and are a perfect partner for distributing our mortgage products. We are very pleased to be offering exclusive products to their members.”