Precise moves into seconds for bridging

Precise Mortgages is now offering second charge lending products in its bridging range.

The intermediary lender says the move has been made to improve its short term lending proposition, which consists of bridging and refurbishment products, including the recently launched FSA regulated loans.

Alan Cleary, managing director of Precise Mortgages said: “The expansion of the bridging product range is designed to increase lending volumes and to help brokers place more deals.