Precise launches lowest-ever bridging rate at 0.54%
Precise Mortgages has launched its lowest-ever bridging rate of 0.54% per month.
The mortgage product is exclusively available through its Premier Panel members and is aimed at standard and light refurbishment deals up to 50% LTV.
The lender has also reduced rates on deals up to 60% from 0.74% per month to 0.64% per month.
Alan Cleary, Managing Director of Precise Mortgages, said: “We had our best ever year on bridging in 2016 and we intend to keep the momentum going.
“These are great rates and we expect them to be popular.”
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