Daily product update can be found here…

We have increased our residential unregulated bridging leverage back up to 70% Gross LTV, regulated to 65%, and have also reduced the rate! 

Please find this week’s YBS Commercial Mortgages Broker Panel Newsletter. This week we are looking back at the changes we have made to our Buy to Let product range and have provided a summary of our terms for your reference…

Here at Precise Mortgages we’re dedicated to supporting you and your customers with HMO and multi-unit properties…

Daily product update can be found here…

We can accommodate a variety of situations, for example, Development exits and complex structures like BVI.

As a valued broker we are getting in touch to ensure you are kept up to date with our current criteria.

As I am sure you are aware we are offering 75% on residential properties across England and Wales.

In addition we are now raising LTVs from 65% to 70% on commercial & semi-commercial properties aswell!

As part of our commitment to responsible lending, we’re introducing a Self-Employed Supplementary Form for applications from self-employed customers. This is to help us understand what impact the Covid-19 restrictions have had on their business. It will also help us to understand any changes they have made to their business model.

As you are aware, the impact of the pandemic on the market was widely felt across the lending landscape, leading some to withdraw from the market altogether, and others to tighten their belts. We were pleased to fall into the latter category, only making temporary adjustments to ensure we could continue to support our brokers as much as possible throughout this challenging time.