PMS and Sesame offer 80% LTV exclusives for impaired credit

Published on

exclusive

PMS members and appointed representatives of Sesame now have exclusive access to a range of 80% LTV products aimed at clients who have a low credit score or may have current and past credit issues.

The new 80% product range remortgage-only from Precise Mortgages is designed to assist clients who have experienced past credit issues including defaults, CCJs and mortgage arrears, or have just been declined by a traditional high street lender.

The range offers two year tracker rates starting from 3.75% and two year fixed rates starting from 4.04%.

The deals come with a free standard valuation (maximum £600), free remortgage legal service and a reduced £995 product fee.

Robert McCoy, senior products and communications manager at Sesame Bankhall Group, said: “We are pleased to be working with Precise Mortgages to offer this new exclusive range of 80% LTV products for remortgage customers.

“I’m sure this will be welcomed by our members due to the growing demand for competitive remortgage deals which is also reflected in the recent CML figures.”

Alan Cleary, managing director at Precise Mortgages, added: “We expect the run up to the year-end to be very busy and hence are looking to support our key distributors during this time through offering these exclusive products.”

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Bank of Mum and Dad boosts first-time buyer business at London broker AS Financial

London-based mortgage broker AS Financial has reported a notable increase in first-time buyer activity,...

Northern buy-to-let market surges as investors flee costlier South

Buy-to-let investors are accelerating a shift northward as high yields and lower entry costs...

Gatehouse Bank lowers rates for UK expats and overseas investors

Gatehouse Bank has reduced rental rates by up to 27 percentage points across its...

The Mortgage Works cuts rates once more

The Mortgage Works will make a further round of reductions to selected buy-to-let and...

Other news

Bank of Mum and Dad boosts first-time buyer business at London broker AS Financial

London-based mortgage broker AS Financial has reported a notable increase in first-time buyer activity,...

Northern buy-to-let market surges as investors flee costlier South

Buy-to-let investors are accelerating a shift northward as high yields and lower entry costs...

Q&A: Steve Emblem, conveybuddy

Mortgage Soup fires the questions at Steve Emblem, area sales manager for the Midlands...
Advertisement