Precise Mortgages Loans
Precise Mortgages are a specialist lender offering residential and buy to let mortgages, bridging finance and second charge loans. They aim to provide mortgages for those “not catered for by the high street lenders” and their loans are available only through intermediaries, such as mortgage brokers and bridging loan brokers.
If you are interested in taking out a loan with Precise Mortgages, our experienced professional loan brokers will be happy to help. Simply fill out our contact form to request a loan quote or take a look at the loan comparison tool above for an idea of the kind of deals you may be able to access.
Secured loans from Precise Mortgages
Alongside their mortgage products, Precise Mortgages offer a variety of different types of secured loans for those looking to increase their borrowing or access short term finance.
Second charge loans
A second charge loan (also known as a second charge mortgage) allows you to take out an additional secured loan on a property where you already have a mortgage. This allows you to increase your borrowing without interfering with your existing secured borrowing.
Second charge loans are therefore ideal for people who already have a good deal on their mortgage and don’t want to have to remortgage to unlock extra capital from their property.
A second charge loan from Precise Mortgages offers the following benefits:
- Loans for any purpose
- Loans from £40,000 to £2.5m
- Borrow up to 85% of your property’s value
- Loans terms of up to 30 years
- Can be faster than remortgaging
- Tracker and fixed rate deals available
- Adverse Credit and CCJs loan applications considered
Bridging finance (also known as a bridging loan) is a type of short term borrowing that allows people to fill temporary gaps in their funding. Bridging finance is usually offered over up to 12 months and you will usually need to have repayment plan in place before taking out a loan.
Bridging loans are commonly used for auction finance, where buyers need to make purchases fast and don’t have time to wait for a mortgage application to go through, or where a property is not currently deemed mortgageable, so money is needed to make the purchase and bring it up to a mortgageable standard.
Precise Mortgages bridging finance offers the following advantages:
- Loans from £50,000
- No maximum loan size
- 1 to 12 month terms
- Multiple bridging loans considered
- Quick completions possible
- No facility fee products
- Available as first and second charge loans
Find the best deals on Precise Mortgage loans
Using our loan comparison tool (see top of page) you can see market leading deals on secured loans from Precise Mortgages and many other top lenders. This allows you to easily compare and contrast all of the key features of different loan products, including how much you can borrow, how long for and representative interest rates and monthly repayment costs.
By comparing secured loan deals from across the market, you can quickly and easily see which offers the best value while matching your borrowing requirements. That way you can get the money you need, for as long as you need, at a monthly cost you can afford.