Precise offers 80pc exclusives to Sesame and PMS

The range is designed to assist clients who have experienced past credit issues including defaults, CCJs and mortgage arrears or have been declined by a traditional high street lender.

Alan Cleary, managing director at Precise Mortgages, said: “We expect the run up to the year end to be very busy and hence are looking to support our key distributors during this time through offering these exclusive products.”

The range offers 2-year tracker rates starting from 3.75% and 2-year fixed rates starting from 4.04%. The product carries a free standard valuation up to £600, a free remortgage legal service and a reduced £995 product fee.

Robert McCoy, senior products and communications manager at Sesame Bankhall Group, said: “I’m sure this will be welcomed by our members due to the growing demand for competitive remortgage deals which is also reflected in the recent Council of Mortgage Lender figures.”