An introduction to Precise Mortgages

Precise Mortgages was born in May 2010 after it was recognised that there was a gap in the market to help those underserved by high street lenders.

After starting out offering BTL mortgages, we extended our proposition to residential lending later that same year, followed by bridging finance in 2011 and second charge loans in 2013—all exclusively available through intermediaries.

The granting of a banking licence to our parent company at the time, Charter Court Financial Services (CCFS), in 2014 enabled us to create a more diverse funding model by providing access retail deposits, while CCFS’ listing on the FTSE 250 in 2018 meant that we could plan the next phase of our development.

This resulted in CCFS’ combination with OneSavings Bank in October 2019—a move which has made us bigger, better and stronger, and allows us to seek out new opportunities for brokers and borrowers.

We firmly believe that although your customer’s case may be complex, applying for it shouldn’t be. Our mission is to broaden criteria to support BTL entrepreneurialism and home owning aspirations. Our technology driven underwriting and credit risk management processes mean that we can be more expansive in our mortgage and loan approvals.

In the 10 years since our launch, we’ve grown to become one of the UK’s leading and most trusted specialist lenders, delivering an award-winning and innovative range of products designed to help you get the mortgage or loan your customer needs as quickly and easily as possible.

So much has changed in the last decade, but one thing has stayed the same: we’ve never lost sight of why we started our journey all those years ago—to provide products for customers who are underserved by mainstream lenders. Just as we were here for you yesterday, we’re here for you today and we’ll be here for you tomorrow, through the good times and the bad.