The specialist lender has increased loan-to-values (LTVs) to 65% and maximum loan sizes to £1 million across both regulated and non-regulated applications.

The enhanced range also includes a host of other features, including a choice of standard and light refurbishment products.

Precise also said the variety of property types accepted has been expanded to include HMOs and new builds. Rates are available from 0.49% per month.

Jo Breeden, managing director at Crystal Specialist Finance, said: “It’s great that Precise Mortgages has increased LTVs to 65%.

“The market needs Precise Mortgages with their excellent service proposition, and this is a nod to the further confidence investors, brokers and lenders have in Bridging as a viable solution for both the regulated and non-regulated market.”

Adrian Moloney, OneSavings Bank group sales director, said: “In the current climate it’s essential that brokers can continue to help as many of their customers as possible.

“Our bigger and better Bridging Finance range, which is backed up by quick decisions, joint legal representation and dedicated underwriter support, offers innovative short-term finance solutions for customers who need to secure a deal on a fast turnaround.”