The range lent up to 80% LTV also includes three lifetime tracker products, providing an option for properties with lower rental yields. available from £100,000 loan size in addition to its successful £250,000 plus range.
All 80% LTV BTL products are now exclusively available through the packager panel.
Precise has also announced a change to policy allowing existing bridging customers to exit the bridging loan to any Precise Mortgages BTL product at any time.
Alan Cleary, managing director of Precise Mortgages, (pictured) said: “There are a number of changes in this product range that we believe will be attractive to our intermediaries and borrowers. The lifetime tracker product should be particularly appealing for London properties that tend to have lower rental yields.”