Precise has relaunched their limited edition residential range and has cut rates across its entire range by up to 105 basis points.

Refurbishment buy-to-let (BTL) rates have been reduced by up to 105bps. Tier 1 has been aligned with standard refurbishment to simplify the range.

The energy performance certificate (EPC) C+ refurbishment is now 0.20% cheaper with rates starting from 5.24% per annum.

For BTL, rates have been lowered by 0.25% across the range.

Meanwhile, the lender’s bridging standard and Tier 1 light refurbishment across 70% and 75% LTV have been lowered by 0.05% per month.

Tier 2 heavy refurbishment has also reduced by 0.05% per month across the range.

The reintroduction of the limited edition residential range follows broker feedback and the 1% fee product provides wider choice for brokers and their customers.

The relaunch includes residential limited edition on two- and five-year fixed, all adverse tiers and up to 75% loan to value. Rates will start from 5.19% and come with a minimum loan amount £125,000 with a 1% fee.

OSB Group group intermediary director Adrian Moloney says: 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, HMOs and MUFBs.”