Precise Mortgages
your trusted broker for
Precise Mortgages:
Specialist Mortgage
Solutions with
Bright Money
At Bright Money, we specialise in connecting clients with tailored mortgage solutions. As an approved broker for Precise Mortgages, we help individuals and landlords secure funding, even when mainstream lenders say no. Whether you’re self-employed, have a complex income, or a less-than-perfect credit history, we can guide you toward the right mortgage product.
Why Choose Precise Mortgages?
Precise Mortgages is a leading specialist mortgage lender designed to assist those overlooked by high-street banks. Their flexible lending criteria and innovative technology allow them to cater to borrowers with unique circumstances.
Key Benefits of Precise Mortgages
- Flexible Lending Options: Perfect for first-time buyers, landlords, and those with adverse credit.
- Broker-Only Access: Products are available exclusively through trusted intermediaries like Bright Money.
- Tailored Products: Mortgages for complex scenarios, including bad credit, buy-to-let, and multi-unit properties.
- Quick Decisions: Technology-driven underwriting provides rapid approvals without impacting your credit score.
Specialist Lending Products
Offered by Precise Mortgages
Consider these four specialist products from Precise Mortgages:
Residential Mortgages
Designed for homebuyers and movers, including those with:
* CCJs, defaults, or other credit impairments.
* Complex income streams or unusual employment circumstances.
* A need for debt consolidation.
Bridging Finance
Short-term loans for:
* Quick property purchases.
* Renovations, including light and heavy refurbishments.
* Properties deemed "not habitable" by traditional lenders.
Buy-To-Let Mortgages
Tailored for landlords and investors, Precise offers solutions for:
* Limited company and portfolio landlords.
* HMOs (Houses in Multiple Occupation).
* First-time landlords (with experience in letting).
* Multi-unit freeholds with up to six units.
Second Charge Loans
Allows borrowers to release equity in their property without refinancing their primary mortgage.
Why work with Bright Money for Precise Mortgages?
As a whole-of-market broker, Bright Money simplifies the mortgage application process. We specialize in matching clients with the most suitable products, including Precise Mortgages' range.
Here’s why clients trust us:
1
Expert Advice
Our team knows Precise Mortgages’ criteria inside out and ensures your application is optimised.
2
No Hidden Fees
We do not charge broker fees for mortgages over £100,000.
3
Tailored Solutions
From regulated to non-regulated mortgages, we’ll find a product that works for you.
4
Seamless Process
From start to finish, we handle your application, ensuring smooth communication with Precise Mortgages.
How to Qualify
GENERAL CRITERIA
residential Deposit
Residential mortgages require a deposit of 5-15%.
buy to let deposit
Buy-to-let mortgages typically need a 20-25% deposit.
self-employed
For self-employed individuals, one year of accounts is acceptable.
minimum income
Applicants must demonstrate a minimum income of £25,000 for personal applications.
How to Qualify
Specialist Options Include
Limited Companies
Applications for Limited Companies with up to four directors.
Multi-unit & HMOs
Flexible solutions for landlords with multi-unit freeholds or HMOs.
Bridging loans
Bridging loans for property purchases or renovations.
how can Bright Money help...
Apply for a Precise Mortgage
As an approved Precise Mortgages broker, Bright Money provides expert guidance, ensuring you find the most suitable product for your needs.
Get Started Today
Let Bright Money help you secure the mortgage that suits your circumstances. Contact us today at 01844 390910 or submit your mortgage inquiry. Our expert team is here to make the process simple, efficient, and tailored to your needs.
FAQ
about
Precise
Mortgages
Who are Precise Mortgages?
Precise Mortgages is a broker-only lender offering tailored mortgage solutions for individuals and landlords who don’t meet the criteria of mainstream lenders.
Can Precise Mortgages help with bad credit?
Yes, they specialize in clients with CCJs, defaults, IVAs, or other credit challenges. Their flexible criteria make them a top choice for borrowers with adverse credit.
Do Precise Mortgages accept self-employed applicants?
Absolutely. With just one year of trading history, self-employed individuals and contractors can qualify.
What is the typical deposit required?
Residential mortgages: 5-15%
Buy-to-let mortgages: 20-25%
How can Bright Money help?
As an approved Precise Mortgages broker, Bright Money provides expert guidance, ensuring you find the best product for your needs.