PRECISE. Anmeldelser 

My company has a buy-to-let mortgage with them on a London flat worth £600,000. The original loan was £433,000, but every time the fixed-rate period ends and we try to renew the mortgage, they either charge an outrageous 3% product fee or offer a sky-high interest rate.

During the last renewal, they charged a 3% product fee and gave us a 6.2% interest rate. Now, even though the national base rate has come down and other lenders have significantly lowered their rates, this company still demands either another 3% product fee or offers a shocking 6.7% rate. It’s unbelievable.

I have multiple properties with other lenders, and their rates have all come down with the base rate. This is the only lender where rates have actually gone up. Every single time.

My original loan of £433,000 has already grown to £479,000 after just two renewals. If I renew again at the end of August, the loan will reach nearly £500,000 with the added product fee. At this rate, if I keep renewing, I might eventually owe them the full value of the property—£600,000.

The rental income from the property is £2,400 per month, which barely covers the interest-only payment. There’s nothing left to pay the service charge or ground rent.

This has left me with no choice but to sell the property at a significant loss—£80,000 below market value. If the interest rate had been reduced to under 5%, as with other lenders, I wouldn’t have been forced to sell.

This is the only property I’ve ever had to sell at a discount. It shows how critical the choice of lender is to the success of your property business.

For the sake of your success, do not use this company.

Great company , helped us get our dream home

Smooth & fast completion of all bridging loan second time using precise services ,

Fabulous experience, very professional and efficient.

I’am pleased to share that I successfully secured a very good mortgage. Throughout the process, I had the opportunity to work with a team of dedicated professionals- including the mortgage company, advisers, lenders, and their solicitors.

The service I received was consistently polite, helpful, and laser-focused on deliveries results on time in full. I am very pleased with the outcome. Thank you to everyone involved.

Don't waste your money on them.
Applied for a mortgage,paid their fees upfront,which I massively regret.They have sent someone for a valuation,which came as 0£ )))) because I temporary don't have a fence in the garden as neighbour next door is doing builders works.The other thing they've mentioned is the tenants,who currently rent a property,no common sense,as I'm changing buy to let to residential and I can't move in there before I get the mortgage offer.
So 600£ wasted on nothing

Great dealings with Precise. Hopefully the start of some good business.

Applying for the mortgage was made very easy and the Co operation from the staff was very first class keeping us informed all the way

Made the whole process easy, and they were the only mortgage company who would allow us to release equity to invest into a business.
Great communication, fast turnaround and would definitely recommend.

Great communication and a quick completion

Very good experience from start to completion

Precise mortgages were very professional with us and even though our mortgage advisor dealt with them, we were extremely happy

The turnaround from application was relatively quick considering our credit profiles. And were fair in giving us a lower interest rates post offer after products offers were lowered

Everything went as planned and funds were released early so absolutely no issues here very good service highly recommended

Honest helpful and constructive-says it all. And very pleasant to deal with

Terrible mortgages ever. do not even think to go to them you will lose everything.

quick speedy response from yourselves just a shame the solicitors were not of the same speed

Clear and open communications with broker and solicitor throughout

Our financial adviser dealt with precise ( Gareth Tucker ) which we can recommend both as our process with purchasing wasn’t the smoothest but Gareth and precise made it lots easier for us