Precise Mortgages has relaunched its buy-to-let range range.
The new range includes two-year tracker rates from 4.89 per cent and lifetime tracker products from 4.99 per cent.
Product features include no early repayment charge products and a product with cashback and free standard valuation – to a maximum of £475. The lender has also removed its assessment fee, which was previously £280.
The lender has also expanded its distribution. Members of Personal Touch Financial Services, PMS and 3mc can now access the product range.
Managing director Alan Cleary says: “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.”
The lender, which lends exclusively through intermediaries, last month gained FSA approval to lend to homeowners.