Precise and Kent Reliance now accepting desktop valuations on BTL and residential mortgages

Precise Mortgages and Kent Reliance for Intermediaries have introduced desktop valuations on BTL and residential first charge mortgages.

They are both are offering up to 60% LTV, with a maximum property value of £600,000.

Precise’s BTL product has a two-year fixed rate starting from 2.99% and a five-year fixed rate from 3.49%.

A statement on Precise’s website today (17th April) said: “We’ve worked closely with our valuation panel partners and are now able to accept desktop valuations on residential and BTL first charge mortgages.”

Kent Reliance stated on its website that if an application had already been submitted and is already at pre-offer stage, and the property type is eligible for a desktop valuation, then it may be able to switch the case to a new product and continue processing.

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