Precise extends HTB offer to Scotland

Precise Mortgages has extended its Help to Buy purchase and remortgage product offer to include Scotland.

The lender is offering borrowers in Scotland up to 80 per cent LTV for two-, three- and five-year fixed rate purchase and remortgage products.

The offerings are available to borrowers with “less than perfect credit profiles,” according to Precise.

In addition, both purchase and remortgage offerings include a refund of the valuation fee and include a cashback feature. There are also no product fees for remortgages.

According to the lender, it assesses cases within 48 hours and can make an offer in 21 days.

Precise Mortgages managing director Alan Cleary comments: “The HTB 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.

“We are pleased to show support for the Scottish market by offering Help to Buy Scotland for the first time, whilst our HTB remortgages will help early adopters of the scheme make the transition from becoming first-time buyers to established homeowners.”

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