Precise reduces rates across 2 & 3-year fixed products in residential range

03 July 2025

Specialist lender Precise, part of OSB Group, has made reductions of up to 16bps on 2 and 3-year fixed rate residential products to support brokers with first time buyers, those looking to move home and remortgage customers.

Precise’s residential range is available across 2 and 3-year fixes and provides borrowers with greater flexibility through different fee options, including £0 fee, £1,495 fee, and 1% of the loan amount.

Highlights from the residential range include:

• 2-year fixed from 4.84%
• 3-year fixed from 4.97%
• 5-year fixed from 4.77%

One of Precise’s more popular product, 2-year fixed Tier 2, is reduced across all LTVs including 75%, 85% and 95%. Borrowers with adverse credit such as CCJs, defaults or mortgage arrears could also benefit.

Adrian Moloney, Intermediary Sales Director, OSB Group said

“These residential rate reductions show our ongoing commitment to improving mortgage affordability, especially for borrowers looking to get their first step on the property ladder.

We are continuing to offer 1.25x stress rates on these 2 and 3-year fixed rate options as well as a refund of valuation fees and £300 cashback to help improve affordability.”