Precise has extended its family assortment by introducing a person-calendar 12 months fastened-level and life time tracker dwelling loans.
The knowledgeable loan firm, portion of the OSB Team, says the transfer helps debtors “who’re looking for the reassurance of a mounted month to month cost however don’t need a extended-expression mounted charge”.
Its new life time tracker options incorporate a price selection, which has no early reimbursement cost, or a charge-free of cost selection, which consists of an early reimbursement cost for 2 years.
Each a single-yr fixes and life time trackers can be found at as much as 85% LTV all through numerous levels of hostile credit score historical past.
OSB group middleman director Adrian Moloney suggests: “This launch reacts to present sector situations offering our brokers with residential buyers much more choices for his or her mortgages.
“Whether purchasers are looking for the comfort of a small-expression fastened cost or for these wanting much more freedom than what a preset degree delivers, these new merchandise and options are designed to help the shoppers’ switching necessities in an at any time-changing sector.”