The £205 million Fitch and S&P rated transaction is comprised of residential and buys to let loans.
Alan Cleary, Managing Director of Precise Mortgages commented:
“Having a diversified funding model enables us to continue with our strategy of helping borrowers underserved by high street lenders. We recently became a bank which gives us an additional funding source, we believe this will lead to Precise Mortgages becoming the specialist lender of choice for the intermediary market.”
