Covering Residential Mortgages, BTL, Secured Loans and Bridging Finance; all of the Precise Mortgage products are available via our specialist packaged team and our direct to lender mortgage club.
Buy to let product withdrawals
We’re withdrawing our existing range of buy to let products. A new range of products will be available on our website from 9am on Thursday 9 March. Limited edition products will remain unchanged.
To secure a product from our current range you must fully submit your applications before 8pm on Wednesday 8 March.
RELAUNCHED: Refurbishment Buy to Let
Refurbishment buy to let combines short-term finance with the security of a long-term exit. The proposition provides a choice of exit, depending on the type of refurbishment work being carried out, helping landlords maximise rental yields and optimise capital value.
So whether they’re fitting a new kitchen, looking to improve the energy efficiency of a property by installing double glazing or refurbishing a property that already has a high EPC rating, our offering really could tick all boxes
Bridging rates from 0.55%
Customers can also choose between serviced or retained interest payments during the refurbishment stage.
Once refurbishment is complete, your customer will exit onto the long-term buy to let product selected based on the improvement works being completed.
Standard refurbishment – Rates from 5.79%
Refurbishment work to make a property habitable such as installing a new kitchen or bathroom.
Energy efficiency refurbishment – Rates from 5.69%
Refurbishment which includes some element of energy efficiency such as fitting a new boiler or double glazing.
EPC C+ refurbishment – Rates from 5.59%
Refurbishment of a property already rated EPC C or above, or if awarded a C rating following improvement work.
Plus there’s the added peace of mind of knowing that the rate on offer is the rate they’ll get at valuation.
New! Buy to let mortgage rates
Our new range of buy to let mortgages features 2-year fixed rates starting from 5.09% and 5-year fixed rates from 5.49%.
The range is available to personal ownership, limited company, HMO and limited company HMO landlords.
Remember, our limited edition range is still available:
- Rates from 4.99%
- Product fee options from 1.5%
- 2 and 5-year fixed options