Precise Mortgages

How to register with this lender as a new user

Visit Precise and complete the online registration form and select Legal and General as your payment route.

How to add Mortgage Club as a payment route with this lender

When submitting an application it will ask you to select your mortgage club as the payment route. Please choose ‘Legal & General Partnership Services’

How to contact this lender

Call them on 0800 116 4385 or visit their website.

At Precise Mortgages we continually enhance our products, criteria and service proposition to offer a wide range of borrowing options, providing solutions for customers who struggle to meet high street lenders’ criteria.

Residential Mortgage Highlights

  • Minimum 1 year’s self-employed trading in most cases
  • Less than perfect credit profile considered (including CCJs and defaults – 0 in 3 months)
  • Options available for Debt Management Plans up to 85% LTV
  • First time buyers considered up to 85% LTV
  • Right to Buy and Help to Buy products available
  • Interest Only and Part and Part repayment methods available

To see what else we can consider have a look at our Residential Mortgages Key Information Sheet.

Buy to Let Mortgage Highlights

  • Top Slicing option available – find out more here
  • Options available for Limited Companies, including SPVs
  • HMOs with up to 6 bedrooms and 1 or more kitchen(s)
  • Portfolios: up to 20 loans with Precise Mortgages (up to £10m value) – unlimited with other lenders
  • Interest coverage ratio (ICR) from 125% - bespoke ICRs available based on individual circumstances
  • Studio flats accepted
  • Maximum age of 80 at application (maximum term of 35 years)

To see what else we can consider select one of our Key Information Sheets below:

Bridging Finance Highlights

  • First and second charges available
  • Joint legal representation offered to help reduce costs for customers
  • Automated valuations (AVMs) option available
  • No blended rate for cross collateral charges
  • Lend up to 100% with additional security

Click here for scenarios where Bridging Finance may be the solution for your customer

Second Charge Loan Highlights

DAs of Legal & General Mortgage Club can submit second charge loans direct to Precise Mortgages or use your panel of Preferred Master Brokers. Click here for more information on how to submit direct.

Click here for their Second Charge Loan fact sheet.


  • Loans available for any purposes (includes tax bills, capital raising, business use and holiday homes)
  • Terms available between 3 and 35 years
  • Minimum 1 year’s self-employed trading in most cases
  • 100% of rental profit on investment properties can be used to supplement affordability

Buy to Let

  • Loans available for any purposes (includes tax bills, capital raising and property investment)
  • Terms available between 3 and 35 years
  • Maximum age at application up to 80 years old, maximum term of 35 years
  • No minimum income required (must be able to cover rent voids and maintenance costs)
  • Customers with up to 3 buy to lets can use earned income to meet the ICR calculation
  • ICR calculated at pay rate on 5 year fixed rate products (additional underwriting may be required)

Contact Details


Intermediary & underwriting support team:  | 0800 116 4385 

Sales Team: access their details

Precise website

Register or Log In

Click here to register with Precise Mortgages and follow the simple steps provided.

If you’re already registered with Precise Mortgages and would like to submit a case click here.

Fee received from lender
(Gross fee)
We'll pay you
(Net fee)
Buy to Let0.600%0.500%
Bridging 1.250%1.000%
2nd Charge Loans1.500%1.350%
Refurb BTL (Payable in 2 parts 0.600% gross paid for Bridging element and 0.600% paid on completion of BTL)0.600%0.500%
Product Transfers0.30%0.28%