PRECISE A reminder on their BTL proposition

We’re constantly challenging ourselves to provide simple specialist solutions for you and your customers, offering more choice to match their borrowing needs.

Did you know?

1. Refurbishment buy to let has returned

  • Offers the flexibility of bridging finance with an exit onto a long-term buy to let mortgage, based on the after-works valuation figure in one proposition.
  • Help your customer maximise rental yield by refurbishing a property before renting it out or taking value from the property to reinvest elsewhere.

 

2. We’ve improved our portfolio application process so we do all the heavy lifting:

  • Portfolio form updated so all the necessary information we need from you is in one place.
  • We now only need to see 1 month’s bank statements – previously 3 months, reducing paperwork even further (some restrictions apply).

 

3. Our criteria for limited company applications includes:

  • No limit on shareholders under the age of 21 (must be director dependants).
  • Up to 20 buy to let mortgages to a combined value of £10m with Precise Mortgages, unlimited with other lenders.
  • Minimum applicant age 21 – maximum age 80 at date of application.
  • Available for purchase and remortgages.

 

Discover how our criteria and products could be the solution for your customers. Contact a member of our sales team today to find out more.

Get in touch here

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