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NEW! Discover our Winter Warmers range of buy to let, residential and Help to Buy mortgages

Jmaes Forth


James Forth - National Sales Manager

Published 26.11.2021

I can't believe it's that time of year again. The Christmas lights are starting to appear in people's houses, we're having to dig out coats and scarves from the back of the wardrobe and I've already had to scrape frost from my car windscreen on a couple of occasions.

All of which can only mean one thing… that's right, it's time for Precise Mortgages' Winter Warmers. So as the temperature cools down, we're keeping things heated up by making improvements to not one, not two, but three of our product ranges.

Buy to let

Whether your customer is a personal ownership, limited company, HMO or limited company HMO landlord, our limited edition buy to let range with reduced rates and £0 product fee options could be ideal.

For landlords looking to maximise affordability

  • 2 year fixed at 75% LTV from 2.69% with 0.50% product fee
  • 5 year fixed at 75% LTV from 2.99% with 1.50% product fee

For landlords looking for low upfront costs or to remortgage (also available for purchase)

  • 2 year fixed at 75% LTV from 2.99% with £0 product fee, refund of valuation (maximum £630) and £500 cashback
  • 5 year fixed at 75% LTV from 3.29% with £0 product fee, refund of valuation (maximum £630) and £500 cashback

Our top slicing feature is available across our entire buy to let product range and we assess affordability on our 5 year fixed rate products at pay rate. Portfolio landlords can own up to 20 properties to a total value of £10m with us (unlimited with other lenders), and we don't apply a limit to the number of director dependant shareholders under the age of 21 for limited company applications.

For full details, take a look at our Winter Warmers buy to let flyer.

Residential

If you have a customer with recent adverse credit who's struggling to get the residential mortgage they need, our limited edition range with lower rates and a refund of valuation fee across all products could be ideal for those with less than perfect credit histories.

  • Rates from 3.79% on 2 year fixed
  • Rates from 3.99% on 5 year fixed
  • Customers with recent defaults, CCJs, secured/unsecured arrears and DMPs satisfied more than 36 months ago accepted
  • Self-employed customers with only 1 year's accounts or tax calculation considered

To find out more, view our Winter Warmers residential flyer.

Don't forget rates start from 3.29% in our core residential range for customers with historical adverse credit.

Help to Buy

For customers looking to take advantage of the government's Help to Buy scheme, but who have suffered a recent credit blip, our limited edition Help to Buy range with reduced rates and a refund of valuation fee on all products could be the solution.

  • Rates from 3.69% on 2 year fixed
  • Rates from 3.79% on 5 year fixed
  • Customers with recent defaults, CCJs, secured/unsecured arrears and both active and recently satisfied DMPs accepted
  • Self-employed customers with only 1 year's accounts or tax calculation considered

To discover more, read our Winter Warmers Help to Buy flyer.

If you've got a question about any of our Winter Warmer products, speak with a member of our award-winning sales team or call our dedicated support service on 0800 116 4385.

 

For intermediary use only
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