Precise Mortgages

Precise Mortgages

Precise Mortgages are 100% dedicated to the intermediary market. Committed to giving you options for hard to place mortgage cases, their automatic cascading system ensures they find the cheapest product for your customers profile. The Precise Mortgages’ products are: – Residential Mortgages, Buy to Let Mortgages, Bridging Loans and Second Charge Bridging Loans

How to Register with this Lender

Visit, click any of the product logos, click register/login and enter your FCA number, this must be completed before being able to submit an AIP.

Please view the PDF document below for details of how to register with Precise Mortgages.

Precise Mortgages Directly Authorised Submission Route

How to Add 3mc as a Payment Route with This Lender

When submitting an application to the lender it will ask you to nominate your payment route. You need to ensure that you select 3mc as your Mortgage Club.

Precise Mortgages Directly Authorised Submission Route

How to Submit Business

For all Precise Mortgages business with the exception of Short Term Lending please visit the Precise Mortgages Web Portal

For Short Term Lending complete the Short Term Lending form below and then scan and e-mail to

Precise Mortgages STL Bridging DIP Form

How to Contact this Lender

Call them on 0800 116 4385 or visit their website.

This will also include the lenders affordability calculators, including Bridging – be wary of legal fees as they may not show on the calculators.

Lender Products

Precise Mortgages HMO Exclusive

3mc Exclusive HMO 2 year fixed available for both individuals and Limited Companies – Rates starting from 3.19%

  • Available for HMOs and Limited Company HMOs
  • Properties with up to 8 bedrooms and 2 kitchens accepted
  • Bespoke ICRs based on customer’s circumstances from 125%
  • Portfolio limit of 20 properties with Precise Mortgages (up to a combined value of £10 million)
  • Available for purchase and remortgage
  • Student and company lets accepted
  • Property next door considered

Precise Mortgages Help To Buy Remortgage Shared Exclusive Guide

Product highlights below: –

  • £ for £ remortgages and capital raising (for staircasing purposes)
  • 4.29% up to 75% LTV and 4.89% up to 85% LTV
  • £0 fee and £750 cashback
  • Available for England (including London 40% Equity Loan), Wales and Scotland Help to Buy Schemes

Precise Mortgages Residential DMP Semi-Exclusive Product Guide

Product highlights below: –

  • 2 year fixed rates from 3.15%
  • Fixed product fee of £995
  • Tier 1-5 available

Precise Mortgages Buy To Let Top Slicing Product Guide

Product highlights below: –

  • Limited edition product
  • Both individual and Ltd company
  • HMO/MUB available
  • 2 year fixed rates
  • Not available for first time buyers

Precise Mortgages Limited Company and HMO Product Guide

Product highlights: –

Limited Company

  • 2 year tracker and fixed, 5 year fixed and lifetime trackers products available
  • Available at 75% and 80% LTV
  • Available across all adverse tiers of BTL
  • All current BTL criteria applies for Limited Company BTL
  • Newly formed SPV’s accepted
  • Unlimited shareholders under aged 25 where director dependents
  • Non-owner occupiers acceptable
  • Holiday let now considered

HMO / Multi Unit (now considered)

  • 80% LTV available
  • 2 year tracker and fixed, 5 year fixed and lifetime trackers products available
  • Available for Tier 1-2 adverse only
  • Maximum loan size is £1,000,000 however standard LTV bands still apply
  • Minimum Valuation is £150,000 and £250,000 in London
  • Available in England and Wales only
  • Maximum number of bedrooms is 8
  • Licence must of been applied for prior to completion
  • Aged 80 at the date of application with a max term of 35 years
  • Now available on tiers 1 & 2
  • Can consider licensed and unlicensed HMOs
  • No HMO experience required – just 1 years BTL experience

Precise Mortgages Right To Buy Product Guide

Range highlights: –

  • 90% and 100% of discounted purchase price products available
  • Up to 75% LTV 5 year fixed rate products help the affordability calculation
  • Zero fee products
  • Customers with a less than perfect credit profile considered

To be eligible for the Right to Buy scheme:
The customer: – Must have been a tenant of the council or housing association for a minimum of 3 years
(does not have to be consecutive)
Must have settled any rent arrears within 4 weeks of the landlord requesting payment
The property:
The landlord will determine the value of the property. Any disputes about valuation must be settled before a mortgage application is made
Discount is determined by length of tenancy
The maximum discount across England is £78,600, with the exception of London boroughs where it’s £104,900


Precise Mortgages Bridging Product Guide

Latest product guide below


Precise Mortgages Refurbishment Buy To Let Product Guide

Latest product highlights below:-

  • Guaranteed exit from bridging loan onto Precise Term product
  • No mortgage repayments are required during refurbishment works
  • One single application process
  • One specialist underwriter providing support at every stage
  • One valuer for both the bridge and BTL mortgage (where possible)
  • One conveyancer with discounted fees
  • Two offers issued simultaneously – your bridging offer allows up to four months for works to be completed and the BTL offer is valid for six months giving peace of mind
  • Two procuration fees
  • 6 months product lifetime from the offer, allowing customers security of knowing what their repayments will be once refurb is complete