Mortgage Rates Slashed: A Game-Changer for Borrowers?

In a move that’s set to shake up the mortgage market, Precise, part of OSB Group, has launched a limited edition residential range that’s got everyone talking. With rates slashed by at least 0.60% and starting from 5.39% with a 1% fee across Tiers 0 to 5, this new range is a game-changer for borrowers.

Mortgage rates have never been more competitive

The range is available at 75% loan-to-value (LTV) on 2-year and 5-year fixed rate options, and will be on offer for a limited time only. This means that borrowers who may have previously been priced out of the market now have a chance to get on the property ladder.

“This limited edition range is great news for brokers and borrowers alike as not only does it offer our lowest rates as well as low fees, it also includes options for those with impaired credit which ticks the box for many.” - Adrian Moloney, Group Intermediary Director at OSB Group

I’ve seen firsthand how difficult it can be for people with impaired credit to get a mortgage. It’s a constant struggle to find a lender who will give them a chance. But with this new range, Precise is clearly leading the way in terms of product choice for borrowers who may have had challenges from the high street.

Brokers will be busy with this new range

By offering these low rates, Precise is sending a clear message to the market: we’re here to help. And with options available for those with impaired credit, this range is a breath of fresh air for borrowers who thought they’d never get a mortgage.

So what does this mean for the market as a whole? It means that borrowers have more choice than ever before. It means that brokers have a new range of products to offer their clients. And it means that Precise is cementing its position as a leader in the mortgage market.

The dream of homeownership is now within reach for more people

As Adrian Moloney said, “By offering these low rates, Precise is clearly leading the way in terms of product choice for borrowers who may have had challenges from the high street.” I couldn’t agree more. This new range is a game-changer, and I’m excited to see the impact it will have on the market.