Tag: Precise Mortgages


More landlords looking to HMOs

HMOs achieves the best rental yields for landlords.

The deal still requires approval from the Financial Conduct Authority and the Prudential Regulation Authority.

The merger will unite specialist mortgage brands Kent Reliance, part of OneSavings Bank, and Precise Mortgages. 


It’s surprising that in 2019 there are still so many lenders who impose these charges and they need to be consigned to the dustbin of history.


The top slicing feature enables customers to use surplus portfolio or earned disposable income to prove they can meet any financial stresses on a new loan application.

The CMA has set a deadline of 19 June for those interested to submit comments and then will assess everything before coming to a decision.

The move will initially focus on areas such as later life lending, expats, foreign nationals, adverse credit, self-employed and contractors.

The FCA-regulated mortgage robo-adviser will make these additions as it believes a sizeable minority of mortgage applicants are excluded from mainstream high street lenders.

Parr is well known in the industry having been in bridging finance for over 12 years.

It has hired Peter Coombes to cover Brighton, Bromley, Croydon, Canterbury, Dartford, Rochester, Redhill, South East London and Tunbridge Wells postcodes and Stuart Ottery for the Bath, Bristol, Cardiff, Exeter, Gloucester, Newport, Oxford, Swansea, Swindon and Taunton postcodes.