Precise Mortgages Fixed 4.49% for 5 years

Assumed borrowing of £125,000 over 25 years, representative 5.0% APRC. Total amount payable: £218,928.34. Includes interest of £93,928.34, Valuation fee of £0, Booking fee of £0 and Administration fee of £0. Repayments: 60 monthly repayments of £694.08 at 4.49% (fixed), then 240 monthly repayments of £738.68 at 5.23% (variable).
Precise Mortgages customer satisfaction scorecard:
How do we work this out?Clarity of statements | Flexibility of payments | Transparency of charges | Customer service | Overall customer score |
Not rated |
Eligibility
Maximum age | 85 |
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Minimum age | 21 |
Location | England, Wales, Scotland |
Restricted location note | N/A |
Existing customer note | N/A |
Eligibility notes | N/A |
Mortgage product details
Mortgage types | Purchase, Remortgage, First time buyer |
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Deal type | Fixed |
Tracker type | N/A |
Payment options | Repayment |
Mortgage product features
Overpayments allowed | Yes |
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Overpayment limits note | N/A |
Offset mortgage | No |
Help to Buy mortgage | No |
Shared ownership mortgage | No |
Shared equity mortgage | No |
New-build mortgage | No |
Self-build mortgage | No |
Portable mortgage | No |
Product fees
Arrangement fee | £0 |
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Arrangement fee can be added to loan | No |
Booking fee | £0 |
Telegraphic transfer fee | £35 |
Insurance fee | £0 |
Other fees | £0 |
Rate information
Minimum borrowing amount | £25,001 |
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Maximum borrowing amount | £500,000 |
Minimum term (years) | 5 |
Maximum term (years) | 30 |
Initial deal end date | N/A |
Initial deal length (months) | 60 |
APRC | 4.99% |
Initial rate | 4.49% |
Revert-to rate | 5.23% |
Maximum LTV | 75.0% |
Other charges
Exit fees | £120 |
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Valuation admin fee | £0 |
Valuation fee | From £370 for property value above £100,000 |
Early repayment note | 3% in years 1 and 2, 2% in years 3 and 4, 1% in year 5 |
Standard benefits
Valuation admin fee excluded from any refund offer | Yes |
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Maximum free valuation | £630 |
Cash back amount | £300 |
Further notes about benefits | N/A |
Remortgage benefits
Cash back on legal fees | No |
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Free legal work | No |
Valuation offer | Refunded |
Purchase mortgage benefits
Cash back on legal fees | No |
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Free legal work | No |
Valuation offer | Refunded |