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Precise launches near prime and BTL exclusives

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  • 01/08/2012
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Precise launches near prime and BTL exclusives
Precise Mortgages, the specialist intermediary lender, has launched a series of exclusive products to its key distributors for both near prime homeowner and buy-to-let loans.

The exclusive products have been made available to PMS, Sesame, Legal & General, Openwork, PTFS, Pink Home Loans, First Complete, AToM, 3mc, Brightstar Financial and TBMC.

The exclusive products include a range of two, three and five-year fixes.

Its buy-to-let maximum loan has increased from £300,000 to £500,000.

Alan Cleary, managing director of Precise Mortgages, said: “Our recent launch of the near prime homeowner and buy-to-let products have instantly had a positive effect on volumes and we have already accepted £46m of new business.

“The exclusives are designed to further promote our products whilst rewarding our distributors for their continued support. As we have said, we have money to lend and are proactively finding ways to make it happen.”

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