Complex Buy To Let
Precise Mortgages broadens product transfer range
Precise Mortgages, subsidiary of OSB Group, has added to its product transfer range to widen options for residential and buy-to-let borrowers.
For residential borrowers, there are two, three and five-year fixed rate options. Products with a one per cent fee start from 6.29 per cent, while fee-free options begin from 6.49 per cent.
Across the lender’s buy-to-let range, there are one, two, three and five-year fixed rate options for product transfer. Rates begin at 4.59 per cent for products with a three per cent fee, and 6.59 per cent with a one per cent fee.
The fee-free options for buy-to-let borrowers switching rate start from 6.89 per cent.
Adrian Moloney (pictured), group intermediary director at OSB Group, said: “The introduction of these products will provide further options to support brokers with their residential and buy-to-let customers looking to retain their mortgages with Precise Mortgages.
“We always stress that it’s vital for customers to engage with a broker to get the best advice on the options available to them.”
How to get your first-time buyer clients mortgage ready
Sponsored by Halifax Intermediaries