Precise bolsters residential range to unlock affordability potential for customers

Precise, part of OSB Group, has bolstered its residential range and introduced a number of rate reductions, added LTV bands and expanded fee options

Related topics:  Specialist lending,  Product Launch
Editor | Modern Lender
14th August 2025
Adrian Moloney

Precise, part of OSB Group, has bolstered its residential range and introduced a number of rate reductions, added LTV bands and expanded fee options.

This follows a recent announcement from the lender of an increase to residential income multiples by up to 6x for eligible customers (including those with adverse) across all borrower types including employed, self-employed, single & joint applicants, first time & subsequent buyers and those looking to remortgage.

Key highlights include:

  • 5 year fixed, from 4.72%
  • 2 year fixed, from 4.73%
  • NEW 55%, 65% and 80% LTV bands
  • 1%, £1,495 and £0 fee options
  • £0 fee with refund of valuation and £300 cashback 
     

Adrian Moloney, Intermediary Sales Director, OSB Group said, “We are delighted to further enhance our product offering to brokers with residential customers, helping more to get their foot on the property ladder, as well as supporting those upsizing and downsizing. 

Precise remains committed to offering a range of options to serve buyers with potential affordability challenges such as deposit constraints, affordability and imperfect credit histories. Within this bolstered range, we’ve included a number of rate reductions, including our Tier 2 adverse option which has been reduced by up to 0.46%.”

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