Precise Mortgages secured loans
Secured loans can be a great way to access extra capital when you need it. Whether you are planning home improvements, need to buy a new car or are looking at borrowing a significant sum for any other reason, a secured loan can offer a fast, convenient access to the money you need.
Precise Mortgages offer a range of loan options for different kinds of borrowers, these include residential and buy to let mortgages, as well as secured loans. They specialise in lending to those “not catered for by high street lenders” and their loans are only available through intermediaries such as loan brokers.
Precise mortgages second charge loans
You can borrow anywhere from £40,000 to £2.5million with a second charge loan from Precise Mortgages. Second charge loans (sometimes called “second charge mortgages”) allow property owners to take out an additional secured loan on top of an existing mortgage.
In this way, customers can take their total borrowing up to 85% of a property’s value with loan terms of up to 30 years available.
Precise mortgages bridging finance
Bridging finance (often known as a “bridging loan”) allows borrowers to fill short term gaps in funding. This includes situations such as buying property at auction, where there is no time to get a standard mortgage in place, or where a property will not be mortgageable until it has been renovated.
With Precise Mortgages, customers can borrow from £50,000 upwards as a bridging loan with no maximum limit on the size of loan available. Loan terms usually last from 1-12 months and customers may be eligible for more than one bridging loan at a time, depending on their circumstances.
Get Precise Mortgages quotes for secured loans
If you are interested in taking out a secured loan with Precise Mortgages or any of their competitors, our team of experienced loan brokers can help. We have access to all the leading lenders, including Precise Mortgages, meaning we can help you find the best interest rates on secured loans.
To find out more, simply fill out the contact form above or call Fair Loans today on 0117 313 6058.