The lender, whose products are available exclusively through intermediaries, has changed its criteria across its whole buy-to-let and Home Owner ranges of mortgage deals to include new-build properties.
The lender will offer mortgages on properties which are at least two years old and have previously been occupied.
There are no additional loan-to-value restrictions on houses or flats, and products are available nationwide in England, Wales and selected postcodes in Scotland.
Alan Cleary, managing director of Precise Mortgages said:
“We have made a series of enhancements to our product ranges over the last three weeks and this criteria change will broaden the appeal of our products to brokers and their customers.”
Robert McCoy, spokesman for Sesame Bankhall Group, added:
“The team at Precise Mortgages have been very busy delivering improvements to their products which I am sure will be well supported by mortgage intermediaries.
“Precise Mortgages’ entry to the new-build Market will offer clients an even greater choice of products which I’m sure will be welcomed by advisers.”
