Precise Mortgages, part of the OSB Group, has revamped its limited edition BTL range to further help brokers support customers with affordability challenges.
The specialist lender slashed rates across its five-year fixed-rate products within its limited edition range, which now start from 5.24%.
Precise also lowered its minimum loan size to £40,000 across all its limited edition products, and launched a new five-year fixed-rate option, which includes a 7% fee.
Adrian Moloney, group intermediary director at OSB Group (pictured above), said: “We’re delighted to be able to lower rates across our five-year fixed-rate mortgages within our limited edition BTL range.”
“With market challenges set to continue and strong rental demand remaining, landlord affordability is paramount, that’s why we’re able to assess five-year affordability at pay rate across loans for single dwelling, HMO and multi-unit properties.”
