Precise, part of OSB Group, has reduced its tier one 80% LTV BTL rates by 50bps while introducing new products.
The lender has re-introduced tier two and tier three BTL products, starting from 5.19%, designed for BTL customers who have had challenges with their credit previously.
Adrian Moloney, group intermediary director at OSB Group (pictured above), commented: “As well as reducing rates, we’ve widened our acceptable adverse criteria on BTL properties with tier two and tier three products which firmly establish Precise’s position as a specialist adverse lender.”
