Precise completes fourth securitisation

Sarah Davidson

March 12, 2015

The £205m Fitch and Standard & Poors rated transaction is comprised of residential and buy-to-let loans.

Alan Cleary, managing director of Precise Mortgages, said: “Having a diversified funding model enables us to continue with our strategy of helping borrowers underserved by high street lenders.

“We recently became a bank which gives us an additional funding source, we believe this will lead to Precise Mortgages becoming the specialist lender of choice for the intermediary market.”

Sign up to our daily email