Precise launches fast-track
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Precise Mortgages has launched a fast-track process for its unregulated bridging and light refurbishment product range.
For cases with a gross LTV of 50% or less the lender will normally only require a completed application form from the broker subject to its own checks, and a satisfactory valuation.
Earlier in the month the lender also increased its procuration fees for brokers by 25%.
Alan Cleary, managing director of Precise Mortgages, says: “We are well known for constantly aiming to improve service and this move means that for low risk cases there is less paperwork and improved turnaround times.”
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Readers' comments (1)
Daniel | 9 Dec 2011 6:32 pm
Fast track and increased process fees this is not a good mixture
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