Precise Mortgages is a provider of homeowner and buy-to-let mortgages, as well as bridging loans. It distributes its products exclusively through the intermediary market, offering both long- and short-term lending.
Its product range includes almost prime to near prime on the homeowner range, and prime through to near prime on the buy-to-let range. The homeowner range also includes products targeted specifically at customers with “minor blips” in their credit profiles. In June 2013, Precise Mortgages launched a bridge-to-let product, which allows borrowers to switch their bridging loans into buy-to-let products after four months.