Precise, part of OSB Group, has cut rates across its entire range by up to 1.05% and relaunched its limited edition residential offering.
The residential limited edition relaunch includes 2-year and 5-year fixed products, across all adverse tiers, up to 75% loan-to-value (LTV).
Rates start from 5.19%, with a minimum loan amount of £125,000 and 1% fee.
In its buy-to-let (BTL) range, rates have also been lowered by 0.25%.
Precise’s bridging range, including standard and Tier 1 light refurbishment 70% and 75% LTV products, have been reduced by 0.05% per month.
It’s Tier 2 heavy refurbishment was also reduced by 0.05% per month.
Lastly, the lender’s refurbishment buy-to-let (BTL) range has been reduced by up to 1.05%.
The Tier 1 offering is now aligned with standard refurbishment products, and its EPC C+ refurbishment is now 0.20% cheaper, with rates from 5.24% per annum.
Adrian Moloney (pictured), group intermediary director at OSB Group, said: “We are constantly reviewing our ranges and rates to ensure we are supporting our brokers and their customers with differing financial needs.
“We have reintroduced our popular limited edition residential range which offers our lowest rates and includes options for those with impaired credit which helps customers who may struggle to secure a high street mortgage.
“We are delighted to also offer reduced rates to our buy-to-let and refurbishment products which can be used for single dwellings, [houses in multiple occupation (HMOs)] and [multi-unit freehold blocks (MUFBs)].”