Precise Mortgages

Why are you looking for a mortgage?
Filter your results
You have a 75% loan-to-value

    Your search returned no results

    We can't find any mortgages to match your search. Why not try reducing your LTV, changing your repayment type or removing any filters, then try again.

Your home may be repossessed if you do not keep up repayments on your mortgage.

The mortgage data above was supplied by Moneyfacts Group Plc and is updated at the time of mortgage search. The figures and data provided in our tables are for illustration purposes only. While we make every effort to ensure the accuracy of this data you should always confirm the terms on offer with the provider/broker. We do not give any financial advice.

Our mortgage comparison service is partnered with Fluent Mortgages for selections made outside of our featured lenders. Featured lenders are firms with whom we have a direct commercial relationship.

Award-winning comparisons you can trust

It's always nice to know you're on the right track. Over the years, as we have striven to improve the services we provide to our clients and users, we have been pleased to receive recognition for our efforts from both industry and consumer bodies.

Last updated on 01 February 2021.

Precise Mortgages FAQ

What are Precise mortgages?

Precise mortgages are available to consumers who wish to purchase a property. There are a wide range of mortgage products available, whether you’re an investor wishing to acquire a buy-to-let mortgage or simply an aspiring homeowner seeking a residential mortgage.

What is a repayment mortgage?

Repayment mortgages require borrowers to make a regular payment, monthly, in order to pay their mortgage back to the provider. These mortgages will include an amount of interest on top, so it pays to find the best rate and have a mortgage you are confident you will be able to repay over time.

Where can I find mortgage rates?

NerdWallet’s comparison table can help you compare Precise mortgages and find the product most suited to your requirements. Not only can you compare repayment mortgages to find the best rates, but some lenders such as Precise may also offer interest-only mortgages.

How do interest-only mortgages work?

Interest-only mortgages require a borrower to simply pay the interest on their mortgage when making monthly repayments. This brings down the costs down. Please note that the actual debt remains outstanding when the term expires, and the mortgage itself will eventually need to be paid back as a lump sum.

What credit score do I need for a Precise mortgage?

Providers don’t have a specific credit score requirement but, even so, if you measure a score out of 999 points then a score in the region of 800 would most likely help secure a wider variety of mortgage products with more affordable rates of interest. It does therefore pay to have good credit.

Can I repay my Precise mortgage early?

Early repayment can be facilitated with some providers, but always check to see if an Early Repayment Charge (ERC) is required. This is because some providers might wish to avoid customers paying ahead of time, and so they make it costlier to do so to compensate.

What happens if I default on a Precise mortgage?

As with any mortgage from any provider, defaulting on a Precise mortgage could have serious consequences for you and your finances. You might have to sell your home if you need to generate sufficient sums to pay down debt. Your credit score will be negatively impacted too.

What is a mortgage repayment vehicle?

Some borrowers with a interest only mortgage to repay use repayment vehicles as investments that run alongside their mortgage. These repayment vehicles can be investments in stocks and shares, buy-to-let properties, pension funds or even bonds.

What documents do I need to get a Precise mortgage?

When applying for a mortgage with Precise or most other providers, you would be expected to bring some form of ID, such as a passport or driver’s licence, as proof of identity. In addition, tax or utilities bills are useful to have available, as well as proof of income and physical copies of bank statements going back a number of months.

Services offered by this provider may change over time. Always check Ts&Cs.