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.

**Ltd Edition BTL Product**

  • 3.19% 5 Year Fixed
  • Up to 75% LTV
  • Minimum loan of 300,000
  • Rental assessed on pay rate
  • For high value, low yield properties
  • Available to individuals and Ltd Companies

Precise Mortgages Semi-Exclusive BTL Product:

  • 5 Year Fixed Rate at 4.49%
  • Only 3 years ERCs
  • Up to 75% LTV
  • Assessed on Pay Rate
  • ICR from 145% for Individuals and 125% for Ltd Companies
  • Available to Individuals and Ltd Companies
  • Up to 2 defaults and 1 CCJ accepted in 24 months (0 in 12 months)
  • 1 missed mortgage payment in 36 months accepted

Precise Mortgages Semi-Exclusive Residential Range:

  • 3 Year Tracker rates from 3.91%
  • 1% Cashback on all 3 Year Tracker Rates
  • Up to 80% LTV
  • Up to 5 defaults and 3 CCJs accepted in 24 months (0 in 12 months)
  • 1 missed mortgage payment in 12 months accepted (3 in 36 months)
  • 2 Year Fixed Rates from 4.09%
  • 5 Year Fixed Rates from 4.49%
  • Up to 85% LTV
  • Up to 2 defaults and 1 CCJ accepted in 24 months (0 in 12 months)
  • 1 missed mortgage payment in 12 months accepted (3 in 36 months)

Precise Mortgages Specialist BTL Range:

  • 2 year fixed rates from 3.19%!
  • 5 year fixed rates from 3.49%!
  • Tracker rates with no product fee!
  • Up to 80% LTV
  • 50,000 minimum valuation!
  • 25,001 minimum loan
  • 5 year fixed rate options assessed on pay rate!
  • 5 year fixed rates with 4% cashback available on purchases
  • 5 Year fixed rates with fixed 2495 fee available
  • Available on HMOs
  • Available to Ltd Companies

Precise Mortgages Key Residential Product Features Include:

  • 2 Year Tracker Rates from 2.91%!
  • 2 year fixed rates from 3.19%!
  • 5 year fixed rates from 3.59%!
  • 5 year fixed rates with no product fee!
  • Maximum 85% LTV
  • 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 year's 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.
  • Precise Mortgages have an exclusive DMP range through AToM if settled less than 3 years ago

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
  • 50,000 minimum valuation
  • 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.

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 must pay costs for Precise Mortgages solicitors as well.

To discuss Precise Mortgages call our sales team on 01403 272625 (option 2) or email us at sales.team@atomltd.co.uk

Precise Mortgages