View more on these topics

Precise Mortgages launches near prime range

ALAN-CLEARY.jpg

Precise Mortgages has launched 50 products designed for borrowers who are finding it difficult to get mortgages from high street lenders.

The near prime, as the lender calls it, range include two year trackers, capped and fixed rate loans starting from 4.79 per cent.

Products are only available on a capital and interest payment basis and are limited in size and to certain property types.

Managing director Alan Cleary says: “We have launched an extensive range of products to meet the needs of UK borrowers in response to feedback from the broker market. Precise Mortgages is aiming to become the lender of choice for brokers who have cases that do not fit current high street criteria. 

“The extent of our range and the speed of our mortgage platform means a decision in principle will be given in minutes reducing the need for brokers to try multiple lenders or pass the case to a packager.”

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com