Precise Mortgages — part of OSB Group — has relaunched its energy efficiency refurbishment BTL range to support clients looking to make improvements to their properties.
The product suite has been designed to help brokers with clients looking to improve the standard of their assets and in turn, provide better quality and improved energy-efficient housing for their tenants.
It includes three exit solutions that offer rate incentives based on the type of refurbishment work being carried out.
The new refurb BTL range comprises three types of products for:
Adrian Moloney, group intermediary director at OSB Group (pictured above), said: “As the cost of living crisis continues to impact, it’s crucial for specialist lenders, such as Precise Mortgages, to [offer] support with solutions that could help improve living standards within existing housing stock, as well as help reduce energy costs.
“Although we are waiting on a clear steer regarding EPC ratings from the government, we do know that it’s likely we’ll see further impact to the rental sector around energy efficiency.
“Based on findings from our Landlord Leaders report, 80% of professional landlords told us that they already have or plan to invest in energy efficiency improvements.
“It’s important for us as a leading specialist lender to support brokers and their clients with products that can assist with financing these improvements.”
