We are pleased to announce that  we have widened our criteria to now include Holiday Lets and Multi Units. These will be available on selected products within the BTL range.

We are always looking for new ways to support you and hope that this will lead to you being able to provide options with Precise for a an even wider group of BTL customers.

Holiday Lets:

• Available on Personal Ownership and Limited Company (not HMO or Limited Company HMO)
• Available for Tier 1 adverse only
• Available to max LTV of 70% LTV
• Max Loan size £500,000
• Minimum sole personal income £40,000
• Not available for first time landlords
• Not available for Air BnB
• Other criteria applies as per standard personal ownership/ limited company BTL

Multi Units:

• Available on all HMO products: Personal Ownership HMO and Limited Company HMO
• Maximum of 6 self-contained flats/ units within a single block
• Available for Tier 1 adverse only
• Available to max LTV of 75% LTV (75% to £750k; 70% to £1m)
• Max Loan size £1,000,000
• Available in England and Wales only
• Minimum floor space of 30 meters squared for each Unit
• Not available for first time landlords
• Other criteria applies as per standard personal ownership HMO/ limited company BTL