Exclusive Precise Mortgages Right To Buy offer launched with Crystal Specialist Finance

By Bridging Loan Directory 21st November 2016

Precise Mortgages has teamed up with Crystal Specialist Finance (CSF) to offer an exclusive 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. Brokers can find out more details by selecting Crystal Mortgages in the payment route on the Precise Mortgages portal or by contacting the CSF team direct.

Rates start from 5.39% for two year fixed and 5.59% for five year fixed, with 75% loan-to-value on properties of 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 CSF, 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.”

Roger Morris, Director of Sales at Precise Mortgages, added:

“To make a product with this feature available through CSF demonstrates our faith in their service delivery and market reach to brokers. It’s a great product, and one that will be welcomed by council and housing association tenants throughout England.”

Crystal Specialist Finance operates across five specialist core divisions: Bridging, Commercial, Development Funding, Second Charge Loans and Specialist Mortgages. Open to applications on all types of properties in England, Scotland and Wales, the company has access to over 70 lenders, including exclusive product lines.