Precise Mortgages New Residential Mortgage Range – Residential mortgage rates from 5.49%

Lower rates, higher LTVs and the return of Debt Management Plan (DMP) and Right to Buy products Precise Mortgages are hitting the ground running in 2023 and launching a new residential range featuring 2, 3 and 5-year fixed rates from 5.49% and up to 85% LTV.

Precise understand customers are facing some really tough financial challenges, that’s why
their new range provides options for customers with less-than-perfect credit profiles, including those with CCJs and defaults as well as active and satisfied DMPs.

Key highlights of the new range:

2, 3 and 5-year fixed from  –  5.49%  –  Up to 85% LTV Active and satisfied DMPs accepted

  • 5 defaults and 3 CCJs in the last 24 months considered
  • Defaults and CCJs don't need to be satisfied
  • Suitable for purchase and remortgage with no limit on debt consolidation
  • Refund of valuation up to £630 (excludes Right to Buy)
  • Year-end or trading year accepted for self-employed

PLUS – New Right to Buy and Help to Buy remortgages

Precise Mortgages have also launched new products across their Right to Buy and Help to Buy remortgage ranges.

Right to buy products 

  • 100% discounted purchase price
  • Maximum 75% open market value

Help to Buy remortgage products

  • Refund of valuation up to £630
  • England, Wales and Scotland schemes

You can take advantage of their automated cascade system, where cases are filtered until an appropriate product is found, without the need to reapply. It’s a real time saver, especially with more complex cases although Precise Mortgages business development manager is
always happy to discuss case specifics prior to application.

Alternatively they also offer Live Chat and have a dedicated telephone support team available on 0800 116 4385 so there’s a wide range of support available to help you do more business.