Precise Mortgages has brought out two new buy-to-let larger loan products and increased LTV limits.

The two new products are both available at up to 75% LTV on a five-year fix at 3.34%, with loans between £200,000 and £500,000 charging a £1,995 product fee and loans between £500,000 and £1m commanding a 0.5% product fee.

And the lender has upped the maximum LTV available across its two- and five-year fixed rate BTL mortgages from 75% LTV to 80% LTV.

With a 2% product fee for both, the two-year fix here is set at 3.79% and the five-year fix at 3.99%. Additionally, both products provide a valuation fee refund at up to £630.

Precise group sales director Adrian Moloney says: “As a leading specialist lender, we’re pleased to reintroduce up to 80% buy LTV limits which are designed to offer increased product choice for landlords.”