Precise Mortgages lowers 5 year fixed rates and minimum loan size across buy-to-let limited edition range

By Bridging Loan Directory 8th September 2023

Precise Mortgages, part of the OSB Group, has announced lower rates across their 5 year fixed rate terms within their limited edition range and a wider choice to help brokers support customers with affordability challenges.

Some key highlights include:

Reduced rates on 5-year fixed terms starting from 5.24%
Lowered minimum loan size to £40,000 across all limited edition products
Introduction of new 5-year fixed rate product including 7% fee

Adrian Moloney, Group Intermediary Director, OSB Group, said:

“We’re delighted to be able to lower interest rates across our 5-year fixed rate mortgages within our limited edition buy-to-let range.

“With market challenges set to continue and strong rental demand remaining, landlord affordability is paramount, that’s why we’re able to assess 5-year affordability at pay rate across loans for single dwelling, HMO and multi-unit properties.”