Precise Mortgages

Precise Mortgages offer a range of fixed and libor tracker products that are 100% dedicated to the intermediary market. Products are tiered to meet individual circumstances, allowing your customers to get the cheapest mortgage rate based on their client profile.

Through AToM, you have access to the Precise Mortgages Residential, Buy to Let and Bridging product ranges via the AToM Mortgage desk. Secured products are available via AToM Secured.

If you are a Directly Authorised broker don’t forget to set AToM as your club route for Precise Mortgages in order to see their Core Range and all the exclusives you can get through AToM.

Precise Mortgages 1% Cashback Semi-Exclusive Range

  • 1% Cashback payable on completion
  • Rates starting from 3.90%
  • Up to 80% LTV available
  • Purchases Only
  • Max Loan 500,000
Precise Mortgages BTL 1 Year Fixed Semi-Exclusive Range

  • 1 Year Fixed rates starting from 3.69%
  • Up to 20 properties with Precise
  • £300 cashback on completion
  • Up to 75% LTV available
  • Available for Purchase and Remortgage
  • Bespoke ICRs from 125% available
  • Available to Individuals an Limited Companies
Precise Mortgages Specialist BTL Range:

  • Rates from 3.39%!
  • Up to 80% LTV
  • 50,000 minimum valuation!
  • 1 year fixed rate options available!
  • 5 year fixed rate options assessed on pay rate!
  • Available on HMOs
  • Available to Ltd Companies and LLPs

Precise Mortgages Key Residential Product Features Include:

  • Exclusive cashback deals up to 85% LTV
  • Maximum 85% LTV
  • Rates starting from 2.90%
  • Terms up to 35 years for increased affordability
  • Fees can be added to the loan up to a maximum 88% LTV
  • Valuation refunds, zero product fee and free legal services available on selected Remortgage products.
  • Self Employed Mortgages are available with only 1 years accounts and no minimum trading period
  • Fixed term contracts accepted
  • Help to Buy specific products, adverse accepted
  • Up to 5 defaults and 3 CCJs. No monetary limit up to 80% LTV.
  • DMP's no longer need to be repaid at completion

Who have Precise Mortgages produced this range for?
This might be the right mortgage range for your customers if they are:

  • Looking for an alternative to mainstream lenders
  • Have a less than perfect credit history
  • Self Employed with only 1 years accounts, SA302’s and Tax overview OR Tax calculation and overview available
  • A First Time Buyer
  • Customer looking for affordability stretches
  • Precise Mortgages help any client declined by the high street

Precise Mortgages Key Buy to Let Mortgage Features

  • Maximum 80% LTV
  • Fees can be added to the loan up to a maximum 88% LTV
  • New builds accepted, including flats up to 2 storeys
  • No portfolio limit with other lenders, up to 20 properties with Precise Mortgages (Max 5 million combined mortgages with Precise)
  • No minimum income requirements
  • Competitive rental income calculation – 125% of pay rate or revert rate!
  • Precise Mortgages even consider flats above commercial premises.
  • Competitive rental income calculation - 125% of 3.39% available!

Who have Precise Mortgages produced this range for?
This might be the right mortgage range for your customers if they are:

  • First Time landlords
  • Experienced landlords looking to extend their portfolios
  • Self Employed
  • Landlords with high quality properties with a low rental yield
  • Clients who own a Buy to Let are not owner-occupiers
  • Older clients looking to refinance existing portfolios – maximum age 110

Precise Mortgages Right to Buy Product Range Key Features

  • Up to 100% of the Discounted Purchase Price
  • Up to 75% LTV (based on the Open Market Value)
  • Zero products fees
  • 5 Year fixed rate products to assist with affordability
  • Customers with less than perfect credit profiles considered

Who have Precise Mortgages produced this range for?
This might be the right mortgage range for you client if they are:

  • Local Authority or Housing Association tenants eligible for the Right to Buy Scheme
  • Purchasing a house
  • Purchasing a property in England

Solicitors
Precise Mortgages use a selected panel of Solicitors. It is advisable for the client to use one of these. Clients can use their own solicitors, but have to pay costs for Precise Mortgages solicitors as well.

For more details contact our Sales Team on 01403 272625  

Precise Mortgages