Precise unveils limited company BTL deal

Published on

Precise Mortgages will tomorrow (21 January) launch a limited company buy-to-let product.

Rates start at 4.09% and the products are available to a £3 million loan size and up to 80% loan to value.

Unlimited properties with other lenders and up to 10 to a maximum of £5m with Precise Mortgages will be accepted.

The maximum age at application is 80 and the maximum term 30 years.

Personal ownership to limited companies will be allowed with equity gifts and capital raising, and newly formed SPVs will also be permitted.

‘Near prime’ will be available, as will ‘bridge to limited company.

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...

FCA finds protection market delivering good outcomes, says TPFG

The Property Franchise Group PLC (TPFG) has responded to the publication of the Financial...

Conditional selling remains industry flashpoint as enforcement lags

Conditional selling remains one of the most persistent and contentious issues facing the UK...

Latest publication

Other news

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...