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 replacing our existing range of buy to let products. A new range will be available on our website from 9am on Friday 9 February.
To secure a product from current range you must fully submit your applications by 5pm today, Thursday 8 February. We then need all minimum supporting documents uploaded by 5pm on Tuesday 20 February.
- For non-portfolio applications we need a signed Direct Debit mandate.
- For portfolio applications we need the portfolio schedule uploaded to the BTL Hub as well as a signed Direct Debit mandate and the combined business plan, cash flow, and assets and liabilities form.
- As part of the usual underwrite we may require additional documentation.
Full details of our document submission requirements can be found in our ‘Right first time submission guide’.
To discuss our range, speak with your business development manager, call our dedicated support team on 0800 116 4385 or contact us using Live Chat.
New bridging finance enhancements
Tier 2 refurbishments
Correction: Our previous email contained an incorrect rate. Tier 2 refurbishment rates start at 0.79%pm.
Bridging finance offers flexible, short-term borrowing solutions. And now we’re pleased to introduce further enhancements to our Tier 2 refurbishment range.
Tier 2 refurbishment now includes:
- NEW Conversions to a HMO of up to 10 lettable rooms
- NEW Conversion of a commercial unit into a maximum of 4 flats
Don’t forget, rates start from 0.79%pm and you can also use Tier 2 refurbishment for:
- Works altering the external footprint or property outline
- Conversion of a residential unit into a maximum of 6 flats
- Works that require planning permission
Download our latest bridging finance product guide >>
NEW! Introducing our buy to let products
Introducing our new range of buy to let products with rates from 4.29%. Please refer to each product guide below for further details.
Specialist buy to let product guide >>
To discuss any of our new products, speak with your business development manager, call our dedicated support team on 0800 116 4385 or contact us using Live Chat.