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Precise Mortgages cuts BTL rates

Precise Mortgages has reduced mortgage rates across its buy-to-let range by up to 0.4%. 

The specialist lender’s buy-to-let range, which is available for both purchase and remortgage, features a two-year buy-to-let and limited company deal at 3.14%. 

There is also a two-year fixed rate HMO and limited company HMO product at 3.44%. 

In addition, there is a five-year fixed rate buy-to-let and limited company buy-to-let mortgage at 3.49%, along with a five-year fixed rate HMO and limited company HMO mortgage at 3.74%. 

Adrian Moloney, OneSavings Bank group sales director, commented: “It’s vital that we support the market in these challenging times, and we believe these rate reductions across our range of buy-to-let mortgages will help brokers in placing more of their customers’ cases.”

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