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Review of the Precise Mortgages, Mortgage:

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I wanted to buy a maisonette flat with 58 years leas...

I wanted to buy a maisonette flat with 58 years lease by using a bridging loan, for £96,000 I paid £960 Valuation fee, for Precise Mortgages to say no they won't lend. They would only lend if I paid and completed a lease extension on completion. So basically I would be paying £20,000 plus for a lease extension on a property I don't own yet. I even offered up two properties as collateral I have a buy-to-let mortgage with Precise already and never missed a payment with any of my mortgages of over 13 years. Went with another lender in the end with no problems. Stay clear of Precise Mortgages. Reviewed on: 16th July 2025

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