Precise Mortgages launches Fast Track

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Precise Mortgages

Precise Mortgages has launched a Fast Track process for its unregulated bridging and light refurbishment product range.

For cases with a gross LTV of 50% or less the lender will normally only require a completed application form from the broker subject to its own checks, and a satisfactory valuation.  Earlier in the month the lender also increased its procuration fees for brokers by 25%.

Alan Cleary, managing director of Precise Mortgages, said:

“We are well known for constantly aiming to improve service and this move means that for low risk cases there is less paperwork and improved turnaround times.”