The specialist lender will now accept the feature on all eligible personal ownership, limited company, portfolio, HMO, holiday and student let applications, however, first-time buyers are excluded.
Customers will be able to use surplus portfolio or earned income to show that they can meet any financial stresses on a new property application.
Precise claimed that this would help customers access its range of two-year fixed rate BTL mortgages and five-year fixed rate products.
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The lender has also streamlined its application process by reducing the number of questions brokers must answer, while also improving its online BTL calculator.
Alan Cleary, managing director at Precise Mortgages (pictured above), said: “In a challenging market, we’re always thinking of new ways to help more customers get the BTL mortgage they want and optimise their investment opportunity.
“By making our top slicing feature available across our entire BTL range, it creates greater access to our two-year fixed rate products, therefore opening up options to more customers, particularly those who might have been restricted by ICR [interest cover ratio] requirements in the past.”