Precise grades credit events by type, severity and recency into product tiers with corresponding pricing — the structured-adverse model shared with Kent Reliance and Kensington. Defaults, CCJs and historic arrears are placeable when documented, with tiers improving as events age.
Contractor income runs alongside the credit grading — the dual-competency underwrite the adverse case requires, with structures read for what they produce.
Precise’s bridging products serve the standard short-term cases — chain breaks, refurbishment, auction-adjacent purchases — with the group’s specialist underwriting behind them. For clients whose project spans bridge and term (the buy-refurbish-refinance pattern), the single-group journey from bridging to BTL term lending simplifies the capital stack.
Precise and Kent Reliance share the OSB balance sheet with distinct brand criteria — Precise generally carrying the more productised, tier-graded ranges, Kent Reliance the deeper manual property complexity. Cases are compared across both brands as a matter of course; the group offers two doors, and the right one varies with the file.
Specialist pricing follows the tiers, with the standard transitional logic on adverse residential: tier improvement with clean conduct, mainstream remortgage when events age out. Files are built to the specialist standard — credit events reconciled, contractor income evidenced, and on investment cases the property’s rental and licensing position complete.
On BTL cases the exit question looks different — there’s no ageing-out staircase to a mainstream product, because rate and term reviews run on the portfolio’s own performance rather than a fixed transitional clock. Refinancing timing turns on rental cover, valuation and the borrower’s wider portfolio position at the point of review, which is why we revisit those cases against the numbers rather than against a preset date.
Precise supports specialist property investors with flexible BTL options, making it a strong fit for contractors building a property portfolio alongside their main income.
BTL options support limited company and SPV structures for property investors.
Graded tiers track event type, severity and recency — defaults, CCJs and arrears are placeable when documented, with pricing improving as events age. Contractor income is assessed alongside the grading rather than collapsed by it.