Specialist lender Precise, part of the OSB Group, has expanded its residential mortgage offering with a new suite of limited edition products aimed at borrowers with more complex profiles, including first-time buyers and those seeking higher loan-to-value lending.

The new options include a two-year fixed rate starting at 4.79%, representing a 35 basis point reduction compared with the lowest equivalent in the lender’s core range. The product is available at 75% and up to 85% loan-to-value with a 1% product fee.

In addition, Precise has launched a series of five-year fixed rate deals with enhanced features to attract a broader swathe of borrowers. These include rates starting from 5.14%, no product fees, refunded valuations, and £300 cashback. The five-year fixed range is available up to 95% LTV for purchases and allows for debt consolidation up to 90% LTV.

Adrian Moloney (pictured), intermediary sales director at OSB Group, said: “Precise are committed to delivering residential solutions to brokers with residential customers who may not fit mainstream lender criteria.

“The products launched today help bolster the already strong residential offering we have out in the market and builds on the recent launch of our popular 95% LTV products.”