Precise BridgingPrecise mortgages bridging loans are ideal for customers who need to access funds quickly, are buying a property at auction or expanding their portfolio. Plus, did you know that any of their refurbishment bridging loans can exit onto any of their buy to let mortgages any time after completion of the bridging loan?

Key product features

  • Rates starting from 0.49% per month
  • Up to 75% LTV available for standard & light refurb bridging
  • Up to 70% LTV available for heavy refurb & second charge bridging
  • 0% Facility Fee products available
  • No maximum loan size
  • No exit fees or early repayment charges
  • First and Second Charge products available
  • Transparent pricing and interest calculations
  • Available to Ltd Companies
  • Available on HMOs up to 8 bedrooms (6 bedrooms for refubishment loans)
  • Refurbishment products can be exited onto any of their buy to let mortgage products.
  • Terms available up to 18 months on on-regulated financing and up to 12 months on regulated lending
  • Joint legal representation available

Who is this range for?

This might be the right range for your customer if they:

  • Cash flow - funding for short term requirements
  • Need short term finance on a residential or investment property
  • Are a landlord seeking to buy a property quickly?
  • Converting multi-unit properties to single units and vice versa
  • Converting Commercial units to Residential units
  • Have a property in need of refurbishment or are planning an extension, including basement digs
  • Are buying a property at auction without a mortgage in place.
  • Chain-break finance
For more details on Precise's Bridging Finance, contact our Commercial Team on 01403 272625 (option 4).