Precise Mortgages has expanded as well as reduced rates across its residential mortgage range.

The lender said the product enhancement is to help brokers support customers with greater choice and flexibility around affordability challenges.

The residential range now includes 80% loan to value (LTV) rate products as well as limited edition 65% LTV products, with rates starting from 5.44%.

Precise Mortgages, part of the OSB Group, also offers products with a range of options such as £0 product fee, refund on valuation and £300 cashback.”

OSB Group intermediary director Adrian Moloney said: “We are delighted to be lowering rates and widening our product offering for residential mortgages. Although there hasn’t been a more challenging time for house purchasing, the recent increase in housing activity, coupled with mortgage rates easing, has led housing experts to agree that it could be a buyer’s market. These rate reductions demonstrate our ability and appetite to support brokers and their customers as we step into a new year.”