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.”

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

The Coventry cuts limited company buy-to-let rates for brokers

Coventry for intermediaries has reduced selected limited company buy-to-let rates by up to 20...

Paragon Bank introduces limited edition 60% LTV buy-to-let products

Paragon Bank has expanded its buy-to-let range with a new tranche of 60% loan-to-value...

TwentyCi hires Nick Huntley to lead sales at TwentyEA and TwentyConvey

TwentyCi has appointed Nick Huntley as sales director for TwentyEA and TwentyConvey as the...

HSBC cuts mortgage rates by up to 34bps across core ranges

HSBC UK has reduced mortgage rates across its product range, with cuts of up...

Atom bank reduces prime mortgage rates by up to 25bps

Atom bank has cut rates across its prime mortgage range by as much as...

Latest publication

Other news

The Coventry cuts limited company buy-to-let rates for brokers

Coventry for intermediaries has reduced selected limited company buy-to-let rates by up to 20...

Paragon Bank introduces limited edition 60% LTV buy-to-let products

Paragon Bank has expanded its buy-to-let range with a new tranche of 60% loan-to-value...

TwentyCi hires Nick Huntley to lead sales at TwentyEA and TwentyConvey

TwentyCi has appointed Nick Huntley as sales director for TwentyEA and TwentyConvey as the...