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Precise Mortgages offer a range of fixed and libor tracker products that are 100%<br />
dedicated to the intermediary market. Products are tiered to eet individual circumstances,<br />
allowing your customers to get the cheapest mortgage rate based on their<br />
client profile.<br />
Through AToM, you have access to the Precise Mortgages Residential, Buy to Let and<br />
Bridging product ranges via the AToM Mortgage desk. Secured products are available<br />
via AToM Secured.<br />
If you are a Directly Authorised broker don’t forget to set AToM as your club route for<br />
Precise Mortgages in order to see their Core Range and all the exclusives you can get<br />
through AToM.<br />
Precise Mortgages Key Residential Product Features Include:<br />
• 2 Year Tracker Rates from 2.91%!<br />
• 2 year fixed rates from 3.19%!<br />
• 5 year fixed rates from 3.59%!<br />
• 5 year fixed rates with no product fee!<br />
• Maximum 85% LTV<br />
• Terms up to 35 years for increased affordability<br />
• Fees can be added to the loan up to a maximum 88% LTV<br />
• Valuation refunds, zero product fee and free legal services available on selected Remortgage products.<br />
• Self Employed Mortgages are available with only 1 year’s accounts and no minimum trading period<br />
• Fixed term contracts accepted<br />
• Help to Buy specific products, adverse accepted<br />
• Up to 5 defaults and 3 CCJs. No monetary limit up to 80% LTV.<br />
• Precise Mortgages have an exclusive DMP range through AToM if settled less than 3 years ago<br />
Call our sales team to discuss lender<br />
ranges further on 01403272625<br />
Who have Precise Mortgages produced this range for?<br />
This might be the right mortgage range for your customers if they are:<br />
• Looking for an alternative to mainstream lenders<br />
• Have a less than perfect credit history<br />
• Self Employed with only 1 years accounts, SA302’s and Tax overview OR Tax calculation and overview<br />
available<br />
• A First Time Buyer<br />
• Customer looking for affordability stretches<br />
• Precise Mortgages help any client declined by the high street<br />
Precise Mortgages Key Buy to Let Mortgage Features:<br />
Precise Mortgages Semi-Exclusive BTL Product:<br />
5 Year Fixed Rate at 4.49%<br />
• Only 3 years ERCs<br />
• Up to 75% LTV<br />
• Assessed on Pay Rate<br />
• ICR from 145% for Individuals and 125% for Ltd Companies<br />
• Available to Individuals and Ltd Companies<br />
• Up to 2 defaults and 1 CCJ accepted in 24 months (0 in 12 months)<br />
• 1 missed mortgage payment in 36 months accepte<br />
Precise Mortgages Semi-Exclusive Residential Range:<br />
• 3 Year Tracker rates from 3.91%<br />
• 1% Cashback on all 3 Year Tracker Rates<br />
• Up to 80% LTV<br />
• Up to 5 defaults and 3 CCJs accepted in 24 months (0 in 12 months)<br />
• 1 missed mortgage payment in 12 months accepted (3 in 36 months)<br />
• 2 Year Fixed Rates from 4.09%<br />
• 5 Year Fixed Rates from 4.49%<br />
• Up to 85% LTV<br />
• Up to 2 defaults and 1 CCJ accepted in 24 months (0 in 12 months)<br />
• 1 missed mortgage payment in 12 months accepted (3 in 36 months)<br />
Precise Mortgages Specialist BTL Range:<br />
• 2 year fixed rates from 3.19%!<br />
• 5 year fixed rates from 3.49%!<br />
• Tracker rates with no product fee!<br />
• Up to 80% LTV<br />
• £50,000 minimum valuation!<br />
• £25,001 minimum loan<br />
• And much more!<br />
• Maximum 80% LTV<br />
• £50,000 minimum valuation<br />
• Fees can be added to the loan up to a maximum 88% LTV<br />
• New builds accepted, including flats up to 2 storeys<br />
• No portfolio limit with other lenders, up to 20 properties with Precise Mortgages (Max £5 million combined<br />
mortgages with Precise)<br />
• No minimum income requirements<br />
• Competitive rental income calculation – 125% of pay rate or revert rate!<br />
• Precise Mortgages even consider flats above commercial premises.<br />
Precise Mortgages Right to Buy Product Range Key Features:<br />
• Up to 100% of the Discounted Purchase Price<br />
• Up to 75% LTV (based on the Open Market Value)<br />
• Zero products fees<br />
• 5 Year fixed rate products to assist with affordability<br />
• Customers with less than perfect credit profiles considered<br />
Who have Precise Mortgages produced this range for?<br />
This might be the right mortgage range for you client if they are:<br />
• Local Authority or Housing Association tenants eligible for the Right to Buy Scheme<br />
• Purchasing a house<br />
• Purchasing a property in England<br />
Solicitors:<br />
• Precise Mortgages use a selected panel of Solicitors. It is advisable for the client to use one of these. Clients<br />
can use their own solicitors, but must pay costs for Precise Mortgages solicitors as well.
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