Precise revamps resi range

Product fees have also been reduced and now start from £995, previously £1495. Other reductions see reversion rates now starting from 4.99%, previously 5.52% and a drop in pricing in the Packager range and the addition of Lifetime Trackers.

Alan Cleary, managing director of Precise Mortgages, said: "This is the most competitive residential product range we have launched and I am pleased to say that this is just the first of a number of product developments from us.

“We have also launched an eye catching new advertising campaign featuring a new message every week during the run up to Christmas. We hope it will make intermediaries smile.”