Professional lenders precise lenders have increased their residential scope and introduced many lower tax rates, increased LTV bands and expanded fee options.
Highlights include a five-year fixed, now at 4.77% of 4.72%. There are two years of fixed, now at 4.73% before 4.84%
For the LTV band, Precise has introduced new 55% LTV, 65% LTV and 80% LTV in all standard ranges.
It also expands the fee options to include £0; for the first time £1,495 and 1% fees (new options) across the standard range.
These changes are the latest announcements for lenders to the residential income multiple (including unfavorable customers) in all borrower types (including employed, self-employed, single and joint applicants, first-time and subsequent buyers) and those looking for a refund (including adverse customers).
Comment Adrian Moloney, Director of Sales at OSB Group (exactly), said: “We are excited to be able to further enhance the offering to brokers with their residential clients, thus helping to step up the real estate ladder more and supporting those upgrades and downsizing and downsizing.”
