Here at Precise Mortgages we’re keeping our portfolio process simple to save you time. Our mortgage submission guide is designed to provide a smooth application process and you can use our simple to complete forms below to make things easy for you and your customer.
Our BTL Hub portfolio submission platform is designed to make it easier for you to submit your portfolio landlord cases. One of the platform’s main benefits is it gives you the ability to upload multiple properties in a portfolio at the same time, to be assessed as part of a single application. Plus, the property schedule is valid for 12 months as long as there are no changes to the portfolio.
If you need any support with the BTL Hub read our portfolio submission how-to guide for more information.
If you've already registered with the BTL Hub with a different lender, you won't need to register again. Simply login, click 'lender' in the side navigation, find ‘Precise’ in the lender list and then select the arrow button to send a link request to us.
If you’re already registered simply login to upload your property portfolio submission.
The portfolio validation process will include an assessment of the wider portfolio ICR and must be a minimum of 125% ICR at 5% pay rate and a maximum of 85% LTV.
BBR Trackers and reversion rates are variable rates that are linked to the Bank of England base rate. For new applications, any change to BBR will apply on our systems and documentation the next day. For existing accounts, any change to BBR will apply on the day of the change.
All of our BBR tracker products have a floor. This means that if BBR were to fall to 0.00% or less the rate payable will be 0.00% plus the agreed set percentage above BBR. This means that the rate payable will never go below 0.00% plus the additional percentage rate of the tracker mortgage.
Download our combined buy to let and residential mortgage submission guide to help provide a smooth application process for you and your customer.
Monday - Friday: 9am - 5pm
Wednesday: 9:30am to 5pm
excluding bank holidays
2 Charter Court, PO Box 6037,
Wolverhampton, WV1 9QW.
0800 116 4385