The lender’s online mortgage platform and internal processes have been amended to deal with the different home buying process in Scotland and brokers will have access to both near prime and short term lending products.
Alan Cleary, managing director of Precise Mortgages, said: “We have been getting regular feedback from brokers that we should be lending in Scotland and our own research confirmed this view.
“I am hoping that we get good take up of our products as we know that there are many customers north of the border who are finding it difficult to get a mortgage from a high street lender.”
Scott Kennedy, chairman of mortgage broker Kingsgate Law, added: “There are some great lending opportunities to be had in Scotland and it is great to see a lender who has a genuine appetite to lend money here.”
Precise Mortgages starts a nationwide series of roadshows commencing in Glasgow on the 21st November moving onto Edinburgh on the 22nd November.