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.
Landlord customer struggling to meet lenders’ affordability tests?
Many landlords may be struggling to meet some lenders’ increasingly strict affordability tests. It’s why we’ve launched a limited edition range of buy of let products which include features designed to help them secure the mortgage they need.
With rates from 4.69%, a choice of product terms and fees, and affordability assessed at pay rate on our 5-year fixed rate products, we could help when other lenders can’t.
- Rates from 4.69%
- Lifetime tracker, 2 and 5-year fixed rate options
- Choice of product fees
- 5-year fixed rate affordability assessed at pay rate
- Available to personal ownership, limited company, HMO/MUB and limited company HMO/MUB landlords
Limited edition product flyer >>
Customer with adverse credit?
Our residential range could benefit those with adverse credit histories and those who‘re struggling to secure a residential mortgage with a high street lender.
The maximum adverse we can accept includes:
- Defaults – 5 in 24 months
- CCJs – 3 in 24 months
- Debt Management Plans (DMPs) – Active and recently satisfied
- Unsecured arrears – Not counted but may affect credit score
- Missed mortgage/secured loan arrears – 1 in 12 months, 3 in 36 months (worst status)