Established by industry experts, Precise Mortgages is a new breed of mortgage lender exclusively dedicated to the intermediary market. We are bringing new money into the UK mortgage market which will help you to help borrowers who have been locked out of getting a mortgage on the high street.

About Us

Precise Mortgages is the one stop lending shop for Home Owner and BTL mortgages as well as Bridging loans...

Precise Mortgages is a lender which specialises in the Intermediary market offering a range of long term and short term lending. Precise Mortgages distributes its products exclusively through the mortgage intermediary market.

Mortgage Product Range

  Our wide spectrum of mortgage products span from Prime through to Near Prime on both our Home Owner and Buy to range. Our Up and Down Cascading approach means that our online mortgage platform will always find the best products we have available for the borrowers individual circumstances. Home Owner - Prime - the latest Prime products have been designed to be the perfect fit for customers who have a clear credit history, and are looking for an alternative mortgage lender who can offer competitive, if not better criteria and rates to a high street lender. Home Owner - Near Prime - we understand that in today's environment it’s not easy to get a mortgage if you have CCJs, Defaults, or Mortgage Arrears, which is why we have produced a range of mortgage products to help customers who may be struggling to get a mortgage from a high street lender due to minor blips in their credit profile. BTL Prime - this range is ideal for landlords who have clear credit history and are looking to manage a small residential property portfolio. BTL Near Prime - our BTL Near Prime products are ideal for landlords who have a blip on their credit profile and are looking to manage a small residential property portfolio. Click to view further details on our Home Owner - Prime, Buy To Let & Home Owner - Near Prime mortgage products.

Bridging Loan Product Range

  Our broad range of market leading Bridging and refurbishment loans are ideal for customers who need to access funds quickly or are buying a property to refurbish. The uses for Bridging loans are varied, the main feature of our range is the flexibility of the product, common uses for our Bridging loans can be viewed here. We have significant funding and resources to ensure that your customers get the loan they want, when they want it. View further details on our Bridging products & criteria here.

Mortgage Expertise

  Precise Mortgages comprises of some of the most experienced and respected people in the industry, and is supported by a skill base across the entire mortgage lifecycle. We pride ourselves on the knowledge and dedication of our people who all have an outstanding track record in their field.

Service Standards

  Instant decisions when you need them...even out of hours Precise Mortgages strives to provide a first class service to all its customers. Our people are at the heart of our service offering and our experienced dedicated support teams will pull out all the stops to ensure that your case is handled quickly and efficiently.
  • ✓Instant Mortgage decisions – we use the latest technology and scorecards to give you a decision on your Home Owner and BTL cases within minutes. Plus, the online system is available 24/7, every day of the year.
  • ✓Up and Down Cascading - our online mortgage system will always find the best products we have available for your customer's individual circumstances.
  • ✓Soft Footprint – our online mortgage system only leaves a soft foot print, meaning if you use our system to get a decision on your case it won’t have a detrimental effect on your customer’s credit profile.
  • ✓Online mortgage offers with automatic SMS text message case updates. View the system user guide here.
  • ✓Instant Bridging decisions - To get an instant decision on your Bridging cases, call our Intermediary Support Team on 0800 116 4385, between 9am-6pm. Alternative if your query is out of hours, call either Roger Morris on 07774 495810 or Gareth Lewis on 07432 124185
  • ✓Fast Track service for non-regulated bridging loans which are less than 50% LTV
  • ✓Premier Panel for Bridging Loans - Let our Premier Panel do the work for you...view details of our Premier Panel partners here.
  • ✓Direct access to underwriters
  • ✓Dedicated support teams
  • ✓Freephone numbers

Solicitor Panel

Precise Mortgages operates a controlled solicitor panel in order to mitigate financial crime. The selected firms on our panel have been chosen to reflect the Precise Mortgages’ ethos and as such are efficient and renowned for providing a quality service. View further information on our solicitor panel and fees here.

Valuation Panel

We are delighted to be working in close partnership with Colleys Surveyors for both Mortgages and Bridging loans. Colleys have a nationwide network of valuation professionals offering an excellent service to customers, mortgage intermediaries and lenders. Click on the links to view further information on Colleys. If the loan relates to a Bridging Loan and the property is based in London we also use De Villiers Surveyors and Ord, Carmell & Kritzler.

Procuration Fees

  Prime, BTL and Near Prime Mortgages If you have submitted your case via a network or packager the procuration fee payable to you is up to 0.50%, amount payable to you is dictated by your network or packager. As a guide we pay procuration fees to you or your chosen Network, Club or Packager within 5 working days. You may receive your payment sooner or later than 5 days depending on when your chosen submission route distribute their procuration fees to you. If you choose to submit your case direct to Precise Mortgages the procuration fee payable to you is up to 0.40%  and will be paid within 5 days.

Bridging Loans

Our procuration fees to Networks and Packagers vary, if you have submitted your case via NACFB, a network or a packager the amount payable to you is dictated by them. As a guide you can expect to receive up to 1.30%. We pay procuration fees to you or your chosen Network, Club or Packager within 5 working days. You may receive your payment sooner or later than 5 days depending on when you’re chosen submission route distribute their procuration fees to you. If you choose to submit your case direct to Precise Mortgages the procuration fee payable to you is up to 1% and will be paid within 5 days.

Distribution

We distribute our products through mortgage intermediaries on a direct basis and through the vast majority of networks, club and specialist distributors on our panel. Our Bridging products are also available via the routes above and also to NACFB members. Please refer to the product guides for a full list of distribution partners.