Lender Profile
Precise Mortgages Bridging Loans
FCA-regulated bridging from 0.62% per month — owned by OSB Group.
Starting rate
0.62% /mo
Max term
Up to 24 months
Max LTV
75%
Loan range
£50,000–£15,000,000+
About Precise Mortgages
Precise Mortgages is part of OSB Group, one of the largest specialist lenders in the UK. Their bridging product range covers regulated and unregulated cases with rates starting at 0.62% per month at low LTVs — currently the most competitive starting rate on our panel.
Precise are particularly strong on regulated bridging — chain breaks, downsizing, owner-occupier auction purchases — where their retained-interest product runs to a 12-month maximum. On unregulated cases the term extends to 18 months.
All bridging products carry a flat 2% facility fee regardless of LTV. Light and heavy refurbishment products are available with the same rate structure.
Product range: Standard regulated and unregulated bridging plus light and heavy refurbishment. Rates priced by LTV band from 50% up to 75%.
Best for
- Regulated bridging on owner-occupier or family-occupied property
- Low-LTV cases (under 60%) where the rate floor matters
- Light or heavy refurbishment bridging on residential property
- Developer exits with practical completion and warranty in place
Key facts
- Established
- 2010 (parent: Charter Court Financial Services, FCA FRN 494549)
- Min Loan
- £50,000
- Max Loan
- £15,000,000+
- Max Term
- 12 months regulated / 18 months unregulated
- Max Ltv
- 75%
- Fee
- 2% facility fee, flat
- Regulated
- Both regulated and unregulated
- Interest Structures
- Retained (regulated and unregulated); serviced and part-and-part on unregulated
- Completion
- Typically 2-8 weeks; AVMs accepted on standard residential cases up to 75% LTV
Pros
- +Lowest starting rate on our panel (0.62% at 50% LTV)
- +AVM available for standard cases — speeds up completion
- +No exit fees, no early repayment charges (1 month minimum interest)
- +Backed by OSB Group — institutional balance sheet, not P2P
Cons
- −Regulated cases capped at 12 months — tight for slower exits
- −£145 assessment fee on every product
- −Rate increases above 70% LTV — better suited to lower-LTV cases
Precise Mortgages FAQs
Is Precise Mortgages a real lender or a broker?
Precise Mortgages is a direct lender, part of Charter Court Financial Services (FCA FRN 494549) and the wider OSB Group. They lend their own funds, they're not a P2P platform or broker.
What's the minimum loan size for Precise bridging?
£50,000 across all bridging products, with no maximum on most products (loans above £2.5m capped at 65% LTV).
Does Precise offer AVMs?
Yes — for standard and light refurbishment cases at 75% LTV or below, on properties valued at up to £1.5m. Heavy refurbishment, HMOs, flats, listed properties, and properties with land over 2 acres require a physical valuation.
Apply for a Precise bridge
We'll match your case against Precise's criteria first — and the rest of our panel — to find the cheapest fit.