Poll
Precise slashes fixed rates
Precise Mortgages has lowered its pricing on its fixed rate Home Owner mortgage products.
The intermediary only lender has cut its fixed rates on every tier of its Almost Prime and Near Prime Home Owner ranges between 0.20 per cent and 0.40 per cent per annum.
Alan Cleary, Managing Director of Precise Mortgages commented: "I hope credit-worthy borrowers who are being overlooked by high street lenders will like the reductions we have made to our fixed rate products and help intermediaries in the busy run up to year end.”
Rates now start form 3.39 per cent fixed until 31st January 2016. Precise Mortgages plans to be a significant lender in the expanding world of secured loans. Its products are aimed at borrowers with good credit scores who would benefit from raising funds via a secured loan while maintaining their existing mortgage.
Loan Talk exclusively revealed the new secured loan range of Precise Mortgages last week, which includes rates as low as 5.45 per cent pa and loans up to £1,000,000 click here to read more.
By Chanice Henry
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