EASY PEASY PRODUCTS.
What's New
New limited edition products launched with all rates reduced by at least 0.60%.
- Rates from 5.39%
- Available up to 75% LTV
- 2 and 5-year fixed
- 1% upfront fee
- Available across Tiers 0-5
What's New
Huge price reductions across our entire buy to let range. Rates now starting from 4.49%
Expanded range:
- Tier 1 is back and is available at 75% LTV
- Tiers 2 and 3 are back at 80% LTV
- More fee options
Alongside our lower rates to help with affordability:
- 2-year fixed 70% LTV with a 5% fee
- 5-year fixed 70% LTV with a 7% fee
- 5-year fixed 75% LTV with a 5% fee
What's New
Buy to let product transfer rates reduced by up to 0.30%.
- 2-year fixed rates reduced by 0.30%
- 1-year, 2-year, 3-year and 5-year options, rates start from 4.79%
All fees include VAT (where applicable)
Standard valuation and assessment fee payable on application. The valuation fee is refundable if the valuation is not carried out; the assessment fee of £180 is non-refundable.
Please note, for Buy to Let applications, Homebuyers valuations are not available for HMO and Multi-unit properties.
- Rates from 0.69%
- Up to 75% LTV
- AVMs available up to 60% LTV, and with no fee
- Regulated and non-regulated
- No maximum loan amount
- Landlords who want to make a quick purchase
- Chain-break finance
- Cash flow funding for short term requirements
- Buying property at auction
- Meeting tight transaction deadlines
- Where short-term finance is required and is secured on a property in a habitable condition and does not require any improvement works
- Regulated Bridging Finance can be used for almost any purpose, except where your customer is looking to raise finance by way of a second charge and the loan is for business use. For this situation our range of Non-Regulated Bridging Finance could help
- Rates from 0.69%
- Up to 75% LTV
- Regulated and non-regulated
- No maximum loan amount
- Properties deemed uninhabitable by long-term lenders
- Works to replace or update building components and non-structural alterations including redecorations, replacement of kitchen, replacement or creation of additional bathrooms, replacement of flooring, windows, roof cladding, electrical, heating and plumbing systems and non-structural alterations to accommodation layout, or other equivalent work as agreed by us
- Single unit properties currently at ‘wind and water tight’ stage that require completion
- Building regulations are required
- There’s no change to the overall use or nature of the premises
- Works are being completed under Permitted Development Rights (no change to property footprint)
- Regulated Bridging Finance can be used for almost any purpose, except where your customer is looking to raise finance by way of a second charge and the loan is for business use. For this situation our range of Non-Regulated Bridging Finance could help
- Rates from 0.79%
- Up to 70% LTV
- Regulated and non-regulated
- No maximum loan amount
- Extensions
- Loft conversions
- Single unit to multi-unit
- Multi-unit to single unit
- Multi-unit properties currently at 'wind and water tight' stage that require completion
- Barn conversions
- Conversion of a commercial unit into a maximum of 4 flats
- Landlords looking to change the use of a residential property to a HMO with up to 10 lettable rooms
- Landlords looking to change the use of a residential property to a maximum of 6 flats. An acceptable new home warranty will be required
- Planning permission is required
- Works are being completed under Permitted Development Rights (change to property footprint)
- There is a change in overall use or nature of the premises
- Regulated Bridging Finance can be used for almost any purpose, except where your customer is looking to raise finance by way of a second charge and the loan is for business use. For this situation our range of Non-Regulated Bridging Finance could help
Ready to submit a bridging case? Once you're registered complete our DIP form and send it to [email protected].
We’ll then send a DIP approval showing the information we need provided, and confirm the monthly rate and your procuration fee. If it’s standard bridging, we’ll also confirm if it qualifies for an online valuation (AVM).
|
|
| [email protected] | |
| Telephone | 0161 962 7800 |
| Website | Visit website |
|
|
| [email protected] | |
| Telephone | 0118 945 2288 |
| Website | Visit website |
|
|
| [email protected] | |
| Telephone | 01277 500 900 |
| Website | Visit website |
|
|
| [email protected] | |
| Telephone | 01792 277 555 |
| Website | Visit website |
|
|
| [email protected] | |
| Telephone | 023 8045 6999 |
| Website | Visit website |
|
|
| [email protected] | |
| Telephone | 01708 676 135 |
| Website | Visit website |
|
|
| [email protected] | |
| Telephone | 01276 601 041 |
| Website | Visit website |
|
|
| [email protected] | |
| Telephone | 01403 27 26 25 |
| Website | Visit Website |
|
|
| [email protected] | |
| Telephone | 01275 399 203 |
| Website | Visit Website |
|
|
| [email protected] | |
| Telephone | 0113 200 8768 |
| Website | Visit Website |
|
|
| [email protected] | |
| Telephone | 01202 850 830 |
| Website | Visit website |
|
|
| [email protected] | |
| Telephone | 01273 495 420 |
| Website | Visit Website |
|
|
| [email protected] | |
| Telephone | 0161 694 7900 |
| Website | Visit Website |
|
|
| [email protected] | |
| Telephone | 020 3839 9998 |
| Website | View website |
|
|
|
| [email protected] | |
| Telephone | 01277 500 900 |
| Website | Visit website |
|
|
| [email protected] | |
| Telephone | 0345 223 4447 |
| Website | Visit website |
|
|
| [email protected] | |
| Telephone | 0333 121 4080 |
| Website | Visit website |
|
|
| [email protected] | |
| Telephone | 0117 313 5292 |
| Website | Visit website |
|
|
| [email protected] | |
| Telephone | 01827 301070 |
| Website | Visit website |
|
|
| [email protected] | |
| Telephone | 020 7123 8581 |
| Website | Visit website |
|
|
| [email protected] | |
| Telephone | 01204 472000 |
| Website | Visit website |
|
|
| [email protected] | |
| Telephone | 0800 644 6555 |
| Website | Visit website |
|
|
| [email protected] | |
| Telephone | 080 8196 0824 |
| Website | Visit website |
|
|
|
| [email protected] | |
| Telephone | 01202 850 830 |
| Website | Visit website |
|
|
| [email protected] | |
| Telephone | 01489 346 788 |
| Website | Visit website |
|
|
| [email protected] | |
| Telephone | 02920 766 565 |
| Website | Visit website |
|
|
| [email protected] | |
| Telephone | 0208 144 3102 |
| Website | View website |
|
|
| [email protected] | |
| Telephone | 0845 155 0131 |
| Website | Visit website |
|
|
| [email protected] | |
| Telephone | 0116 464 5544 |
| Website | Visit website |
When completing Bridging Finance, both Precise Mortgages and your customer will need a conveyancer to complete the necessary legal work associated with the transaction.
There are two conveyancing options available for your customers, which are detailed below.
1. Joint Representation - Preferred Bridging Conveyancer Panel
We work with conveyancers who have a thorough understanding of the speed and service requirements for Bridging Finance transactions.
To proceed with joint representation your customer should select one of the firms below. We will instruct this firm to act on behalf of Precise Mortgages and they will also act for your customer.
| England and Wales | |||
|---|---|---|---|
| Blacks Solicitors LLP | 0113 207 0000 | www.lawblacks.com | City Point, 29 King Street, Leeds, LS1 2HL |
| BTMK Solicitors Ltd | 0170 234 6677 | www.btmk.co.uk | 100 Alexandra Road, Southend on Sea, Essex SS1 1HQ |
| Goldsmith Williams-Gwlegal | 0345 373 3737 | gw.legal | 4th Floor, 20 Chapel Street, Liverpool, L3 9GW |
| Gordons Property Lawyers | 0162 830 8380 | www.gplawyers.co.uk | SC House, Vanwall Road, Maidenhead, Berkshire, SL6 4UB |
| JMW | 0345 872 6666 | www.jmw.co.uk | 1 Byrom Place, Manchester, M3 3HG |
| Lightfoots | 0184 421 2305 | www.lightfoots.co.uk | 1-3 High Street, Thame, OX9 2BX |
| TLT LLP | 0333 006 0700 | www.tlt.com | 3 Hardman Square, Manchester, M3 3EB |
If your customer does not wish to instruct a covenyancer from our panel, they are under no obligation to do so. We can proceed with separate representation, allowing your customer to select their choice of conveyancer.
| Scotland | |||
|---|---|---|---|
| Aberdein Considine | 0333 006 6113 | www.acandco.com | 5-7 Bon Accord Crescent, Aberdeen, AB11 6DN |
| McVey & Murricane Solicitors | 0141 333 9688 | www.mmilegal.com | Albert Chambers, 13 Bath Street, Glasgow, G2 1HY |
Important information
The borrower will be responsible for paying all the conveyancers fees, costs and disbursements including the fees of the conveyancer acting for us in connection with the Bridging Finance.
The borrower should obtain a detailed quotation from both the conveyancer acting for them, and any conveyancer acting for us if we instruct a different firm to act for us.
2. Separate Representation
For Scottish applications or if your customer has chosen a conveyancer that is not on our panel we will each be separately represented.
To select this option – simply complete the relevant sections of the application form and tell us who the conveyancer is that your customer has chosen and instruct them accordingly. Please confirm the member of the Preferred Conveyancer Panel that your customer has chosen to represent Precise Mortgages.
| England and Wales | |||
|---|---|---|---|
| Blacks Solicitors LLP | 0113 207 0000 | www.lawblacks.com | City Point, 29 King Street, Leeds, LS1 2HL |
| BTMK Solicitors Ltd | 0170 234 6677 | www.btmk.co.uk | 100 Alexandra Road, Southend on Sea, Essex SS1 1HQ |
| Fieldfisher | 0161 835 8010 | www.fieldfisher.com | 5th Floor Free Trade Exchange, 37 Peter Street, Manchester, M2 5GB |
| Goldsmith Williams-Gwlegal | 0345 373 3737 | gw.legal | 4th Floor, 20 Chapel Street, Liverpool, L3 9GW |
| Gordons Property Lawyers | 0162 830 8380 | www.gplawyers.co.uk | SC House, Vanwall Road, Maidenhead, Berkshire, SL6 4UB |
| JMW | 0345 872 6666 | www.jmw.co.uk | 1 Byrom Place, Manchester, M3 3HG |
| Lightfoots | 0184 421 2305 | www.lightfoots.co.uk | 1-3 High Street, Thame, OX9 2BX |
| TLT LLP | 0333 006 0700 | www.tlt.com | 3 Hardman Square, Manchester, M3 3EB |
| Scotland | |||
|---|---|---|---|
| Aberdein Considine | 0333 006 6113 | www.acandco.com | 7 - 9 Bon Accord Crescent, Aberdeen, AB11 6DN |
| McVey & Murricane Solicitors | 0141 333 9688 | www.mmilegal.com | Albert Chambers, 13 Bath Street, Glasgow, G2 1HY |
Important information
The borrower will be responsible for paying all the conveyancers fees, costs and disbursements including the fees of the conveyancer acting for us in connection with the Bridging Finance.
The borrower should obtain a detailed quotation from both the conveyancer acting for them, and any conveyancer acting for us if we instruct a different firm to act for us.