We understand that your customer may feel that their options are limited if they have been declined a new build mortgage by a high street bank.
This is exactly why we have enhanced and refined our new build criteria to provide your customers with alternatives when it comes to securing their new build property. Whether self-employed or they have experienced a historic credit blip meaning that they do not pass a high street lender’s credit score, Precise Mortgages are here to help your customers, no problem.
Enhancements include:
New Build Priority Processing Service… No problem
- All new build applications are processed by our experienced support team, who will pull out all the stops to ensure applications are handled quickly and efficiently.
- You can call them on 0330 024 0349
Offers valid for up to nine months… No problem
- Our new build offers are valid for up to six months from date of issue. Where completion time slips outside of your customer’s control, we may extend the offer by a further three months.
5% builder deposits… No problem
- Up to 85% loan to value is available, plus up to a 5% builders’ incentive on residential lending.
Flat on the 20th floor or over a commercial property… No problem
- We can now consider flats up to 20 storeys and flats over commercial properties.
S106 obligations considered… No problem.
Take a look at our complete new build proposition at precisemortgages.co.uk/NewBuild, where you can see our core residential and buy to let mortgage product , as well as our exclusive new build only residential mortgage products.
