Precise Mortgages

Adverse residential, specialist BTL and bridging under one roof

Precise Mortgages — an OSB Group brand alongside Kent Reliance — covers adverse‑credit residential, specialist buy to let (including limited company and HMO) and bridging finance in one place. For the contractor whose needs span these territories, that single‑group coverage is the draw.
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Adverse residential — the graded tiers

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.

TIER STRUCTURE
Graded by type, severity, recency 100%
DUAL-COMPETENCY UNDERWRITE
Credit and income in one file 90%
TIER IMPROVEMENT
Improves as events age 85%
CONTRACTOR INCOME FIT
Read for what it produces 88%

Bridging within the group

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. 

The OSB Group dimension

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. 

Pricing, exits and 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.

Specialist buy to let

Precise supports specialist property investors with flexible BTL options, making it a strong fit for contractors building a property portfolio alongside their main income.

Is Precise Mortgages The Right Contractor Mortgage Lender For You?

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. 

Yes — SPV and limited company BTL sits squarely in the range, alongside HMOs and portfolio lending. For the contractor-landlord with a credit history, the pairing of adverse tolerance and investment appetite under one roof is the practical value.
The buy-refurbish-refinance journey can run within the group — bridging into BTL term lending — simplifying the capital stack against split-lender alternatives. We map the whole journey before the bridge completes, as always.
Same OSB Group, different personalities: Precise carries the productised tier-graded ranges; Kent Reliance the deeper manual property complexity — large HMOs, multi-unit blocks, compound cases. We compare across both brands on every file the group might suit.
Transitional by design — the tier comparison improves with each clean year, and the mainstream remortgage follows when events age past its thresholds. The exit staircase is mapped from completion.
Standard contractor evidence — contract or assignment schedule, work history, bank statements — plus event-by-event credit documentation: dates, causes and satisfaction proof for each default or CCJ the tier grading will weigh. For limited company BTL, add the SPV structure and, on portfolio cases, the wider property schedule. The grading works off what’s documented, not what’s disclosed verbally.