It is a standard bridging and light refurbishment product available for both regulated and non-regulated deals between three months and 18 months.
Alan Cleary, managing director of Precise Mortgages, said: “This product has been limited to a maximum tranche of £10m – so don’t delay in submitting your application.”
The deal is available to all members of PMS, Sesame, Legal & General Mortgage Club, Pink Home Loans, PTFS, Intrinsic, Simplybiz, Mortgageforce, Ingard and the NACFB.
Premier Panel partners AToM, Brightstar, BuildStore, The Finance Centre, Complete Mortgage and Loan Services Ltd, Coreco Speclaist Finance, Enterprise Finance, Finance 4 Business, OnlyBridging, Positive Lending and SPF Short Term Finance also have access.
