Loan Introducer
  • Home
  • News
  • Latest Issue
  • Mortgage Rates
  • House Price Centre
  • Blog
  • Commercial
  • Residential
  • Secured
  • Short Term
  • Unsecured
Facebook LinkedIn Twitter

Time: 0:0

Precise to launch second charge buy-to-let

18 June, 2015

By: administrator

category: Commercial, Residential, Secured

0

Speaking at the annual Ingard conference in Coventry today Roger Morris, sales director at Precise, told brokers the new product would offer clients much more flexibility to manage and grow their property portfolios, writes Sarah Davidson

He said: “There is a real need for this sort of product in the market. I am a landlord myself and most of my portfolio is on 1% tracker rates for life – why would I remortgage from that?

“But that’s dead equity – a second charge Buy-to-let product allows landlords to free up their finance to invest in more rental properties which are badly needed, especially in the South East where people are struggling to compete for rental accommodation.”

Morris said the product details are still to be finalised but the launch date is set for the first week in July.

He added: “Precise is the home of complex structured buy-to-let. We design finance for landlords who understand what they want and need.”

Morris said the product would be available to Ingard brokers and through Precise’s panel of master brokers.


Tags: Precise, second charge

Recent News

ONS: House prices up 8.6% in the year to February

21 April, 2021

Ocean Finance launches messaging service

21 April, 2021

Loans Warehouse: Second charge lending up 31%

14 April, 2021

Together offers reduced rates on second charge products

14 April, 2021

Comments are closed.

Polls

Will the next six months see an increase in second charge business?

View Results

Loading ... Loading ...
BACK TO TOP

Blog

Blog: Regulation, regulation, regulation

28 January, 2016

  • 0

BLOG: The need to shop around

27 October, 2015

  • 0

Experience is everything

28 March, 2013

  • 0

Tags

  • ‘The LM Experience’
  • £50m
  • 1st HomeLoans
  • 1st Stop Group
  • 247Moneybox
  • 360 Lifecycle
  • 75% LTV
  • 85% LTV
  • Aaron Noone
  • ABC
  • Abhai Rajguru
  • Access 4 Finance
  • Access4Finance
  • Accord
  • acquisition
  • Adam Tyler
  • Adelle Rhule-Martin
  • Adrian Moloney
  • Advertising Standards Agency
  • Advertising Standards Agnecy
  • Home
  • News
  • Latest Issue
  • Mortgage Rates
  • House Price Centre
  • Blog
Facebook LinkedIn Twitter

© CEDAC Media Limited | Terms & Conditions

Advice to readers

While this website is checked for accuracy, we are not liable for any incorrect information included. We recommend that you make enquiries based on your own circumstances and, if necessary, take professional advice before entering into transactions.


© Mortgage Introducer Limited: Our Privacy and Cookies Policy

TPG

www.mortgageintroducer.com
www.investmentinternational.com
www.homebuying.co.uk
www.propertywire.com
www.everyinvestor.co.uk

Close

Enter the site

Login

Password

Remember me

Forgot password?

Login