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.
From a missed payment to a DMPs
Our residential products support those with active and satisfied DMPs, CCJs, defaults and secured/unsecured arrears.
So, if you’re not sure which adverse tier your customer falls into, just DIP it, to get an instant decision.
SCENARIO
- Couple expecting their first child looking to upsize
- Found a three-bedroom property worth £300,000
- They had £45,000 equity in current property
- DMP 18 months ago, affecting their credit score
A DIP with us returned a loan of up to £274,500 at 85% LTV that cascaded to a Tier 2 product.
Saucy residential products this way😋
Residential range withdrawals.
We’re withdrawing the following residential ranges:
- Limited edition (Tier 0-5)
- 5-year fixed 70% LTV (Tier 0-5)
Want to secure a rate from our current range?
You must fully submit applications by 5pm today Wednesday 16 October.
Arriving tomorrow.
NEW £0 upfront products.
Limited edition residential products. £0 upfront cost.
Initial costs can make it harder for your customers to secure the mortgage they need. Especially those with adverse credit or limited disposable income.
With this in mind, we’ve launched a limited edition range with valuation and assessment costs included.
This option gives a typical upfront saving of £485 which could go towards other costs.
£0 valuation – No assessment costs
5-year fixed rates from 5.49%
Additional product features:
- Fixed product fee £995 – can be added to the loan
- Available at 75% and 85% LTV
- Loan size between £75k and £300k
- Available across all tiers (including DMPs)