Precise Mortgages Reduces Rates and Adds 3 and 5 Year Fixes

By Bridging Loan Directory -


Precise Mortgages has improved its near prime product range with the introduction of 3 and 5 year fixed rates and a reduction in its pricing of its tracker products.

Tracker rates now start at a competitive 4.94% and fixed rate products start from 5.14%, the popular refund of valuation and cash-back products remain and with LTVs available up to 80% it is the lender’s most comprehensive range to date.

Alan Cleary, managing director of Precise Mortgages said:

“The reduction in Libor has allowed us to reduce the rates on our most popular products and with the addition of some longer term fixes, I believe this range will help brokers win more business and help borrowers to buy more homes.”

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