skip to main content

Precise launches limited company buy-to-let mortgage with pay rate of 2.99%

Precise Mortgages has launched a buy-to-let rate providing larger mortgages loans to individuals and those buying through limited companies.

The mortgage is fixed for five years fix at 2.99% and it's rental calculation uses a leading 125% of the pay rate (2.99%).

The minimum loan size is £350,000, and the maximum is £3,000,000. There is a 3% arrangement fee and landlords will need a 25% deposit to qualify. Early repayment charges apply for the full five years.

If a property generated £3,000 rental income each month, the maximum loan size could be as much £963,210, and this is more than many of the other lenders.

Aaron Strutt, director at Trinity Specialist Finance, says: “If you are struggling to secure a large enough buy-to-let mortgage through the high street lenders, some of the specialist banks may be able to help.

“To provide larger mortgages some of the buy-to-let lenders offer bigger loans when landlords lock into a five-year fix or use surplus income to boost the rental income. If these options are still not enough, lenders offering specialist terms might be a better option.”

Precise says this is a limited edition product and it can be withdrawn at any time.

To secure a more generous buy-to-let mortgage, call Trinity Specialist Finance on 020 7016 6151. 

Aaron has been quoted in

Request a Callback

Tell us more about your funding requirements.

Please note, by submitting this information you have given your agreement to receive verbal contact from us to discuss your mortgage requirements.