Precise Mortgages lowers 5-year fixed rates and minimum loan size across buy-to-let limited edition range

08 September 2023

Precise Mortgages, part of the OSB Group, has announced lower rates across their 5-year fixed rate terms within their limited edition range and a wider choice to help brokers support customers with affordability challenges.

Some key highlights include:
• Reduced rates on 5-year fixed terms starting from 5.24%
• Lowered minimum loan size to £40,000 across all limited edition products
• Introduction of new 5-year fixed rate product including 7% fee

Adrian Moloney, Group Intermediary Director, OSB Group, said: “We’re delighted to be able to lower rates across our 5-year fixed rate mortgages within our limited edition buy-to-let range.”

“With market challenges set to continue and strong rental demand remaining, landlord affordability is paramount, that’s why we’re able to assess 5-year affordability at pay rate across loans for single dwelling, HMO and multi-unit properties.”