Precise Mortgages

We launched Precise Mortgages in 2010 with the aim of helping borrowers underserved by high street lenders get the mortgage they need.

Since then, we’ve enhanced our proposition, offering diverse solutions for buy to let and residential mortgages, bridging finance and second charge loans.

Our criteria is straightforward so customers always know what to expect, and we can provide upfront decisions with a decision in principle in minutes.

Alongside a committed award-winning sales team, an in-house real estate team and online tools available 24/7, we aim to make submitting cases as easy as possible.

From research we conducted with brokers in 20211, we discovered that:

  • 5% would rate us 8 or above for ease of finding and selecting a relevant product
  • 3% would rate us 8 or above for ease of obtaining a decision in principle
  • 83% would rate us 8 or above for ease of establishing whether we could assist with a case

In September we launched our brand new campaign, “on the case”, highlighting why we should be first on a broker’s list when the high street can’t help.

We revamped our messaging, and our entire creative look and feel, fully integrating it across multiple channels, with the aim of increasing brand recognition.

As we return to a “new normal” we’ve ensured our product ranges keep up. This includes:

  • A new residential range with lower rates/higher LTVs, plus support for wider levels of adverse.
  • Cutting rates and fees across buy to let.
  • Expanding our bridging range criteria.

But don’t just take our word for it…

Jo Carrasco, Business Partnerships Director, Stonebridge, said:

“Precise continues to be one of the leaders within the UK’s specialist lending market, but what’s really put them head and shoulders above the competition this year is not just their products, criteria and service, but their phenomenal support to us as a Network.

We have a relationship with them that has gone from strength to strength over the last 12 months, whether that be helping with tricky cases, having a ‘can do’ attitude to solving problems, or by providing the enthusiastic and robust training that’s made them one of our firm favourites for hosting network-wide webinars. An absolute pleasure to work with!”

Matthew Rowne, Director, The Buy to Let Broker, said:

“I genuinely cannot praise the proposition, innovation, service, and BDM support that Precise offer, within the specialist lending sphere, highly enough.

They continue to drive innovation within the industry, proactively creating solutions for both specialist brokerages and landlords.

As pioneers of a technology driven approach, and by remaining agile in their proposition, Precise have been able to continue to steal greater market share and stay incredibly relevant, despite a more diluted complex lending environment.

In addition, Precise are recognised within our team as having the strongest BDM service levels, not just within the specialist lending sphere, but within the industry as a whole.

The invaluable support that they offer is an absolute credit to Precise and to the industry.”

1 Source: Research conducted directly with intermediaries using Precise Mortgages in Q2 2021.