Precise Mortgages is launching a new range of residential products combining lower rates with a wider choice to help brokers support clients who have adverse challenges.

The company, part of the OSB Group, says key highlights of the range include reduced rates now starting from 5.39% and selected products now feature refund of valuation (maximum of £630), £300 cashback and no product fees.

The product range is available for both purchase and remortgage

OSB Group intermediary director Adrian Moloney, explains that it was important for Precise to introduce a residential range that provided options for less-than-perfect credit profiles including those who may have been rejected by a high street lender,

“At Precise Mortgages we believe that a credit blip shouldn’t necessarily stop residential customers being able to access a mortgage so we accept a wide range of adverse including those with CCJs and defaults, as well as active and satisfied DMPs”.