Precise launch their lowest ever second charge range

Director of Second Charge Lending, Simon Carr, comments:

“We have worked with our supporting preferred master brokers to ensure that mortgage intermediaries have access to the most comprehensive product range this market has ever seen. From the outset we promised them market leading products. Their continued support has resulted in our preferred master brokers being able to access rates as low as 4.85%.

“Our launch into the second charge market in December 2013 confirmed second charge loans as a serious consideration for any mortgage intermediary. This latest range reinforces our message that we intend to be number one for second charge loans. This clearly translates into a sound financial solution for the consumer."

Product highlights include:

- Rates from 4.85%
- Bank of England base rate trackers
- 2 and 3 Years fixed rate options

The new range has been designed specifically for loans between £30,000 and £200,000.

Simon Carr adds:

“The preferred master broker panel has also been refreshed to recognise those second charge master brokers who have supported our proposition.  This latest range is simply a glimpse of exciting things to come for our supporters.”