Precise Mortgages, the UK’s leading specialist lender1, has extended its Help to Buy range to include Help to Buy Scotland and Help to Buy Remortgage options.
With the Scheme extended to 2023, Precise Mortgages is showing its support by offering Help to Buy loans in Scotland for the first time, as well as becoming one of the first specialist lenders to offer remortgage options.
The lender’s Help to Buy Scotland offering enables customers to choose from a range of Fixed rate products, with purchase and remortgage options available up to 80% LTV. Its Help to Buy Remortgages provide customers with pound-for-pound options up to 75% LTV (up to 80% in Scotland) on a range of 2, 3 and 5 Fixed rate products.
Both products are available to customers with less than perfect credit profiles and those who need the services of a specialist lender. There are no products fees for remortgages, while both purchase and remortgage products include a refund of the valuation fee and offer a cashback feature.
The lender’s Help to Buy offering is backed up by a dedicated Priority Processing team which is dedicated to assessing cases within 48 hours and making offers within 21 days, as well as providing broker support and regular progress updates.
Alan Cleary, Managing Director of Precise Mortgages, said: “The Help to Buy scheme has been a huge success since its launch in 2013, helping hundreds of thousands of aspiring homeowners take their first step onto the property ladder. These latest additions to our Help to Buy range will help even more customers in realising their home owning dreams.
“We’re pleased to show support for the Scottish market by offering Help to Buy Scotland for the first time, whilst our Help to Buy Remortgages will help early adopters of the scheme make the transition from becoming first time buyers to established homeowners.”
Source: 1 BVA BDRC Project Mercury Report Q4 2018