Precise launch Autumn BTL range and expand distribution

Sarah Davidson

October 28, 2010

Product highlights include no ERC products, a product with cashback and free standard valuation (max £475) and the removal of the assessment fee (previously £280).

Product fees remain some of the most competitive in the market.

In an effort to continue to help aid mortgage market recovery, Precise Mortgages has also expanded its distribution.

Members of PTFS, PMS and 3MC can now access the product range, as well as members of L&G Mortgages Club, Mortgage Intelligence, Mortgage Next, Mortgageforce, Mortgages For Business and TMBC.

Dev Malle, sales and marketing director at PTFS, said: “Precise Mortgages is an important addition to our panel, not only because of the enhanced products that have been launched, but also the track record the people at Precise Mortgages have for serving the intermediary and understanding their needs.

“The buy-to-let market continues to play an important part in sustaining the housing market and we have already had a positive reaction to the panel appointment from members of our community.”

Alan Cleary, managing director of Precise Mortgages, said: “In our continued commitment to help and support the intermediary market, we have launched an attractive range that boasts both competitive rates and fantastic product features to benefit the client. We hope that the new range will help those borrowers that have been locked out of the mortgage market.

“We are thrilled to be able to widen our distribution and look forward to working with our new panel of partners.”

Full details of the Precise Mortgages range can be viewed at www.precisemortgages.co.uk

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