Precise Mortgages has been added to Sesame’s lending panel.

The intermediary near-prime residential and buy-to-let lender has also launched two exclusive near-prime products for Sesame members.

The products are two-year capped LIBOR tracker products, starting from 5.09% for loans up to 75% LTV and 5.34% for loans up to 80% LTV, and are available to both purchase and remortgage clients.

Both products include £300 cashback and a refund of standard valuation and assessment fees.

Rob McCoy, senior product and communications manager, said: “We believe that this lender and the two exclusive products will be a welcome addition for our network members. The two new products have the added benefit that the early repayment charge only applies until the end of 2011