Precise Mortgages’ NEW Bridging Finance Enhancements

Now includes conversions to a HMO of up to 10 lettable rooms.

Bridging finance offers flexible, short-term borrowing solutions. And now we’re pleased to introduce further enhancements to our Tier 2 refurbishment range.

Tier 2 refurbishment now includes:

  • NEW Conversions to a HMO of up to 10 lettable rooms
  • NEW Conversion of a commercial unit into a maximum of 4 flats

HMOs with 7 to 10 lettable rooms will be valued on an investment basis.

Don’t forget, rates start from 0.74%pm and you can also use Tier 2 refurbishment for:

  • Works altering the external footprint or property outline
  • Conversion of a residential unit into a maximum of 6 flats
  • Works that require planning permission

Download our latest bridging finance product guide >>

When you submit a case with us you’ll benefit from:

  • Quick decisions to meet tight transaction deadlines
  • Dedicated underwriting support from DIP to completion
  • Regulated and non-regulated cases accepted on a wide range of property types

If you have any questions, speak with your specialist finance account manager or call our dedicated underwriting team on 0800 116 4385.

 

For intermediaries only, product information correct as at 08/02/2024.