What are the latest Precise Mortgages product transfer rates?

Precise Mortgages Product Transfer Rates 

Click here to see Precise's latest product transfer rates.

Residential Product Transfers

• Rates now from around 5.95% for product transfers on fixed-rate deals.

• Options typically include 2-, 3- and 5-year fixed terms.

• Arrangement fee options include 1% fee or £0 fee products.

• These rates are specifically for existing customer product transfer deals.

Buy-to-Let Product Transfers

• Product transfer rates for buy-to-let customers also exist, with similar fixed-term options around ~5.95% at 90% loan-to-value.

• There is a variety of fee structures (0%, 1%, etc.) depending on the specific product.

Actual available rates you may be offered depend on your scenario (loan size, equity in your property, credit profile, whether you are switching from a tracker or fixed product). Precise’s published information illustrates general starting points but Precise personalised rates must be obtained directly from them or via your broker because they may vary by customer.

Should You Stick with Precise or Shop Around?

This depends on your individual circumstances — here’s how to make a decision:

Reasons to Consider Staying with Precise (Product Transfer)

1. Simplicity & Speed

• Product transfer is usually quicker and cheaper than a full remortgage — no legal work, no valuation, and minimal paperwork. 

2. Useful if your credit has deteriorated

• Some lenders require fewer checks for product transfers than for remortgaging. 

3. Good if you like the lender and product terms fit your needs

• If the rate offered on transfer is competitive relative to the market, it may be convenient to stay.

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Reasons to Compare the Market as the mortgage price war rumbles on!

1. Wider selection of much cheaper deals

• Remortgaging (switching to a new lender) gives you access to many more products, often with lower headline rates (now starting from 3.5%) than those offered in the product transfer range. 

2. Potentially huge long-term savings

• If market remortgage rates (from high-street and specialist lenders) are lower than your transfer options, even after fees, you could save over time.

3. Shop around for fees, too

• Some remortgage deals include cashback or have a lower overall cost, even with legal and valuation fees. Most lenders charge £999 arrangement fees rather than 1% fees, and they typically provide a free property valuation and legal fees service for remortgages.

Is it a good idea to stick with Precise?

Good idea to get a product transfer quote from Precise if:

• You want a quick switch without extra costs and paperwork, and you can accept the rates offered.

• Your credit profile might limit your options elsewhere.

Consider shopping the wider market if:

• Remortgage deals from other UK lenders are materially lower than Precise’s transfer rates.

• You’re comfortable going through the full remortgage process. 

Information Trinity Financial's brokers need to get your Precise Mortgages product transfer started

To begin the process, we’ll need some information from you. Please email us with:

• Your Full Name(s): As they appear on your mortgage account
• Mortgage Account Number: To verify your account with Precise Mortgages
• Property Address: The address of the residential or buy-to-let mortgaged property
• Mortgage Payment Amount: We need the exact amount paid on your last bank statement

Providing this information helps us work quickly and efficiently to secure the best product transfer options.

If you want help finding a better mortgage, call Trinity Financial on 020 7016 0790. You can also complete our mortgage questionnaire.