The lender, whose products are available exclusively through mortgage brokers, has changed its criteria across its whole buy-to-let and Home Owner ranges of mortgage deals to include new-build properties.

There are no additional loan-to-value restrictions on houses or flats, and products are available nationwide in England, Wales and selected postcodes in Scotland.

Alan Cleary, managing director of Precise Mortgages said:

“We have made a series of enhancements to our products ranges over the last three weeks and this criteria change will broaden the appeal of our products to customers.”

Robert McCoy, spokesman for Sesame Bankhall Group, added:

“Precise Mortgages’ entry to the new-build Market will offer clients an even greater choice of products which I’m sure will be welcomed.”