Group Lending Engagement Director Roger Morris gives you 4 reasons to fall in love with Precise Mortgages this Valentine’s Day.
We’re dedicated to ensuring our process is as transparent and smooth as possible. It’s why we now instruct valuations immediately from the full case submission stage for buy to let and residential mortgage applications.
Bringing valuations forward, rather than instructing them after the initial underwrite, could mean you and your customers benefit from quicker turnaround times and improved process experience.
For helpful tips on what documentation you need to send when submitting your cases, download our right first time submission guide.
To make sure you’ve got the tools you need at your disposal 24/7, we’ve refined and improved our refurbishment buy to let calculator and made it even easier and quicker to use. Now when you visit the calculator, you’ll be guided through a simple two-step process which gives you an indication of the costs of the bridging element, as well as the costs associated with the buy to let loan.
We know that customers with a debt management plan (DMP) can sometimes struggle to secure a mortgage with a high street lender. When you use Precise Mortgages, you’ll find straightforward criteria that’s clear and to the point, including accepting those who have an active or recently satisfied DMP, or debt arrangement scheme (DAS) for those in Scotland.
Our new and improved bridging finance range features our lowest ever prices, with rates now starting from 0.47% per month. And that’s not all. As part of our commitment to providing diverse solutions which could help you meet more of your customers’ borrowing needs, we’ve also increased the maximum age to 85 at the end of the term on regulated products.
Take a look at our bridging finance product guide to find out more.
So remember, if you need a solution for a buy to let or residential mortgage, bridging finance or second charge loan application, we’re here to meet the ever-changing needs of your customers. Whatever the challenge, we’re on the case!