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Precise offers valuation refund on Right to Buy mortgage deal

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  • 21/11/2016
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Precise offers valuation refund on Right to Buy mortgage deal
Precise Mortgages has teamed up with Crystal Specialist Finance to offer a Right to Buy product which features a valuation fee refund of up to £630.

This product is available to all local authority or housing association tenants in England who want to buy their house through the Right to Buy scheme.

Rates start from 5.39% for a two-year fixed rate and 5.59% fixed for five years available up to 75% loan-to-value on properties valued up to £500,000. The maximum discount is capped at £103,900 in London and £77,900 in other regions. Applications with some adverse credit will also be considered.

Jo Breeden, managing director of Crystal, said: “Affordability is nearly always a critical factor in the Right to Buy sector, so to offer an exclusive product at a good rate with a refund of the valuation fee is a very welcome addition to our comprehensive panel.”

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