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 a broker with access to lenders such as Precise Mortgages, we help individuals and landlords explore their options. Whether you’re self-employed, have a complex income, or have experienced credit challenges, we can help guide you towards a mortgage that suits your circumstances.
Why Choose Precise Mortgages?
Precise Mortgages is a specialist mortgage lender offering solutions for a range of borrowers, including those with more complex circumstances. Their flexible approach and use of technology can help support a wide variety of lending needs.
Flexible Lending Options: Suitable for a range of borrowers, including first-time buyers, landlords, and those with more complex credit profiles.
Broker Access: Products are typically available through mortgage intermediaries, such as brokers.
Tailored Products: A variety of mortgage options are available, including for buy-to-let and more complex property types.
Efficient Decision Making: Technology is used to support the underwriting process, which may help speed up application decisions.
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:
* Complex credit histories, such as previous credit issues
* Variable or multiple income sources
* A need for debt consolidation (subject to suitability)
Bridging Finance
Short-term lending options that may be suitable for:
* Property purchases requiring a quick completion
* Refurbishment projects (light or heavy)
* Properties that may not meet standard lending criteria
Buy-To-Let Mortgages
Tailored for landlords and property investors, with options that may include:
* Limited company and portfolio landlords
* Houses in Multiple Occupation (HMOs)
* First-time landlords
* Multi-unit freehold properties (subject to criteria)
Second Charge Loans
May allow homeowners to access equity in their property without changing their existing mortgage, subject to eligibility and lender criteria.
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 understands Precise Mortgages’ criteria and works with you to present your application in the best possible way.
2
No Hidden Fees
We’ll clearly explain any fees upfront. In many cases, we do not charge broker fees for mortgages over £100,000, depending on your circumstances.
3
Tailored Solutions
We assess a wide range of options, including regulated and non-regulated mortgages, to find a solution suited to your needs.
4
Seamless Process
We support you throughout the application process, keeping you updated and liaising with the lender to help things progress smoothly.
How to Qualify
General Criteria
residential Deposit
Residential mortgages typically require a deposit, which may vary depending on the product, property type, and your individual circumstances.
buy to let deposit
Buy-to-let mortgages usually require a larger deposit than residential mortgages, with exact requirements depending on the lender and property details.
self-employed
Self-employed applicants may be considered, with requirements varying by lender. Some lenders may accept applicants with shorter trading histories, subject to assessment.
minimum income
Lenders may require a minimum income level, although this varies depending on the mortgage product and overall application profile.
How to Qualify
Specialist Options Include
Limited Companies
Applications from limited company structures may be considered, with criteria varying depending on the lender and individual circumstances.
Multi-unit & HMOs
Options may be available for landlords with multi-unit freeholds or Houses in Multiple Occupation (HMOs), subject to lender criteria and property details.
Bridging loans
Short-term finance options may be available for property purchases or refurbishment projects, depending on suitability.
how can Bright Money help...
Apply for a Precise Mortgage
As an approved broker for Precise Mortgages, Bright Money provides expert guidance to help you find a mortgage that suits your needs and circumstances.
Get Started Today
Let Bright Money help you explore mortgage options suited to your circumstances. Contact us today on 01844 390910 or submit your enquiry online. Our team will support you through the process, helping to make it as straightforward and efficient as possible.
FAQ
about
Precise
Mortgages
Who are Precise Mortgages?
Precise Mortgages is a specialist, broker-only lender offering a range of mortgage solutions for individuals and landlords with a variety of circumstances.
Can Precise Mortgages help with bad credit?
Precise Mortgages may consider applications from customers with previous credit issues, such as CCJs, defaults, or other credit challenges, subject to their lending criteria and individual assessment.
Do Precise Mortgages accept self-employed applicants?
Precise Mortgages may consider applications from self-employed individuals and contractors. Requirements can vary, and in some cases applicants with shorter trading histories may be considered, subject to assessment.
What is the typical deposit required for a Precise Mortgage?
Deposit requirements vary depending on the mortgage product, property type, and individual circumstances.
Residential mortgages may be available with lower deposit levels, while buy-to-let mortgages typically require larger deposits. Your adviser can provide guidance based on your situation.
How can Bright Money help with applying for a mortgage with precise?
As an approved broker for Precise Mortgages, Bright Money provides guidance to help you explore suitable mortgage options and supports you throughout the application process.
