Brokers welcome Precise Mortgages’ improvements

Jessica Nangle

July 20, 2017

Precise Mortgages’ range of improved help-to-buy products has been praised by brokers.

There were a number of improvements made to Precise’s 2, 3 and 5-year fixed rate products with rates now starting from 3.74%.

The product now also accepts Debt Management Plans as a monthly commitment, as well as considering customers with limited CCJs, defaults and adverse credit.

Reactions to the interest rate rise

James Chidgey, new build relationship manager at the Mortgage Advice Bureau, said: “Any improvement to specialist products which support Help to Buy is something to be welcomed.

“Precise Mortgages is demonstrating its commitment to helping first-time buyers get a mortgage.”

Kevin Beale, national sales manager at Precise Mortgages’, added: “Since launching our Help to Buy offering in early 2016, we’ve had fantastic success in helping customers purchase new build homes.

“Our Help to Buy service is one brokers and their customers can rely on.”

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