Precise Mortgages, part of the OSB Group, has announced reduced rates and new products across its residential mortgage range.

The refreshed residential range now includes 80% LTV rate products as well as limited edition 65% LTV products, with rates starting from 5.44%.

Adrian Moloney (pictured), group intermediary director at OSB Group, said: “As we start 2024, we are delighted to be lowering rates and widening our product offering for residential mortgages.

“Although there hasn’t been a more challenging time for house purchasing, the recent increase in housing activity, coupled with mortgage rates easing, has led housing experts to agree that it could be a buyer’s market. These rate reductions demonstrate our ability and appetite to support brokers and their customers as we step into a new year.

“In addition to these updates, Precise Mortgages also offers products with a range of options such as: £0 product fee, refund on valuation (worth a maximum of £630) and £300 cashback.”