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.
Lender announcement
With effect from Wednesday 23rd September Precise Mortgages are launching a brand new range of Buy to Let Mortgage products and two new Help to Buy remortgage rates – details of these products are included on the attached product guides for ease of reference.
BUY TO LET MORTGAGES – REDUCED RATES
Our new range features reduced rates that provide competitive options for Limited Companies, HMOs and Limited Company HMOs alongside new core products:
>. Fixed rates from 3.14%
>. 2 and 5 year fixed rate options available
>. All products up to 75% LTV
>. Available for purchase and remortgage
Features of our Buy to Let products include:
>. Available to Personal name and Limited company ownership structures
>. Newly formed SPVs acceptable
>. Available to small and large portfolios landlords
>. 6 bed HMOs and Multi-units (MUBs) considered
Don’t forget our easy-to-use BTL calculators are available 24/7, helping brokers see the maximum loan size available based on rental income and ownership structure.
TWO NEW HELP TO BUY REMORTGAGE PRODUCTS
To complement our existing HTB purchase range we’re pleased to be able to offer two options for HTB remortgages:
>. 2 year Fixed rate at 4.24% (£0 fee and refund of valuation up to £630)
>. 5 year Fixed rate at 4.34% (£0 fee and refund of valuation up to £630)
To reconfirm, there are no changes to our existing range of Residential Mortgages