Precise launches valuation refund offer on bridging with Positive Lending
Precise Mortgages, the intermediary-only lender, has launched an exclusive product with Positive Lending offering a refund of valuation fee on all bridging loans.
Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in C:\inetpub\wwwroot\2025.financialreporter.co.uk\htdocs\templates\front-end\partials\article_blockquote.php on line 2
- Refund of valuation fee up to a maximum of £1500
- Available on all Precise Mortgages’ published bridging rates
- Minimum loan size £250,000
Alan Cleary, Managing Director of Precise Mortgages said:
“There isn’t much product innovation in the bridging market so we are testing whether brokers respond positively to product features we routinely offer in the mainstream market. Positive Lending are a leading packager in the bridging market as well as being one of our top Premier Panel members so it was a natural choice for us join up on this product.”
Paul McGonigle, Managing Director of Positive Lending added:
“We are delighted to be working with Precise on this innovation. With market leading rates from Precise coupled with lower set up fees this will allow clients and brokers to benefit from the most competitive pricing package coupled with market leading commissions from Positive Lending. The market is fierce and product enhancements such as this are welcome and I applaud Precise for recognising this.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Lloyds
Lloyds Banking Group launches £5,000 deposit mortgage
Mortgage Rates
Barclays relaunches sub-4% mortgage rate
Bank Of England
Bank of England holds interest rates at 3.75% in 8-1 vote
FCA
FCA bans and fines director £755,000 for advice and insurance failures
Mortgages
Mortgage affordability at tightest level since 2008: UK Finance
Nationwide
Nationwide cuts mortgage rates by up to 0.36%
