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Precise launches second charges

Precise Mortgages has added second charge lending products to its bridging range.

Sarah Davidson, 6 February, 2012

The new products complement the core bridging and refurbishment range, including the recently launched Financial Services Authority regulated loans, already on offer through the intermediary-only lender.

Alan Cleary, managing director of Precise Mortgages, said: “The expansion of the bridging product range is designed to increase lending volumes and to help brokers place more deals.

"The bridging market is growing and brokers need more product choice."

The Precise Mortgages bridging product range includes standard bridging, refurbishment, FSA regulated, Buy-to-let, and now non-Consumer Credit Act regulated second charge products.


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