Precise Mortgages is a specialist lender offering flexible mortgage solutions for individuals with unique or complex financial circumstances. Whether you’re a first-time buyer, self-employed, or have a less-than-perfect credit history, Precise Mortgages provides tailored products to meet your needs.
At Kerr & Watson, we work closely with Precise Mortgages along with other lenders to ensure our clients have access to these specialist mortgage products, allowing you to secure the right mortgage for your situation.
Why Do People Consider Precise Mortgages?
Specialist Lending Expertise
Precise Mortgages is well-known for helping clients who may face challenges with mainstream lenders. Whether you have an adverse credit history, are self-employed with limited accounts, or face other complex financial circumstances, Precise offers a range of products designed to cater to these situations.
Flexible Criteria for Borrowers
Precise Mortgages offers flexible lending criteria, including mortgages for clients with County Court Judgements (CCJs), defaults, or other credit impairments. They also specialise in providing products for those with complex income structures or those requiring additional lending options, such as debt consolidation.
Self-Employed and Contractors
Precise Mortgages is an ideal choice for self-employed individuals and contractors who may not have the extensive financial documentation typically required by high street lenders. With flexible income assessments and a deeper understanding of non-standard income sources, Precise Mortgages ensures that more borrowers are able to secure the mortgage they need.
Broker-Exclusive Products
By working with intermediaries, Precise Mortgages ensures that their customers receive personalised advice from expert brokers. Kerr & Watson, as your mortgage adviser, will guide you through the mortgage process, helping you find the best product from Precise that fits your unique financial needs.
Switching Your Rate with Precise Mortgages: What You Need to Know
If your current Precise Mortgages product is coming to the end of its initial term, switching your mortgage rate is a simple process. Precise Mortgages may allow you to switch your rate, with no application or valuation fees involved. This could be a cost-effective solution which can help you secure a new rate without the hassle, ensuring that you avoid potential increases in interest rates or other financial risks.
At Kerr & Watson, we handle the entire rate switch process for you, helping you lock in the best rate available and ensuring a smooth transition to your new product.
Tailored products for clients with adverse credit, such as missed payments or defaults, as well as options for first-time buyers and those with complex income streams.
Specially designed products for self-employed borrowers and contractors, offering flexible income assessments and simplified documentation requirements.
Why Contact Kerr & Watson?
Navigating the mortgage market can be complex, particularly if you have non-standard financial circumstances. At Kerr & Watson, we simplify the process by providing expert advice and access to specialist lenders like Precise Mortgages.
Our team works closely with all major lenders to ensure you get the most suitable mortgage product for your unique needs.
Get in Touch
Don’t miss out on the opportunity to benefit from Precise Mortgages’ flexible lending solutions.
Contact Kerr & Watson today to speak with an adviser and explore how we can help you secure the right mortgage for your situation.
The information on this page is not tailored to any individual readers and should not be considered financial advice under any circumstances.
If you are seeking advice about a mortgage, you should speak with a qualified advisor.
Your Mortgage In 3 Easy Steps…
Conversation
Schedule a call to talk to a mortgage advisor about your goals, challenges and vision for your mortgage.
We will take the information gained on the call and carry out some research before sending you a bespoke recommendation.
If you would like an agreement in principle, we’ll also arrange this for you.
Application
We will submit the full application to the mortgage lender, sending them the documents and liaising with the underwriters until the mortgage has been fully offered on the new interest rate.
We will also communicate with you at every stage, from application to completion.
Marie Kitchen was absolutely fabulous. We had an incredibly complicated case due to living abroad and a few hiccups along the way. Marie was persistent and helped us to resolve these efficiently. Highly recommend.
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Michelle
8 June 2026
My 2nd time dealing with Kerr & Watson and they didn't disappoint, great service, professional and patient - big shout out to Andreea & Stephen
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Sean Turner
2 June 2026
I had an excellent experience with Kerr and Watson and would happily recommend them.
A special mention has to go to James, who provided exceptional service throughout. He was professional, approachable, clear in his communication and always willing to help. His support made a huge difference, and we genuinely couldn’t have done it without him.
I would not hesitate in recommending K&W to any family or friends.
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Jackie
15 May 2026
Brad was quick with getting me the right mortgage insurance prior to a move abroad. Polite and professional. Also liked that he would call to remind me take any actions if I hadn't responded to emails
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Ade Kunle
1 May 2026
I will always recommend Kerr & Watson to friend and family.
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Minzel 33
23 April 2026
This is my second product with Matthew, securing a BTL for my LTD with the best rate on the market. Once again great support, guidance and smooth process. Highly recommended, knowledgeable team. Reliable service.
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Freya B
14 April 2026
The team at Kerr & Watson were brilliant end to end. Daniel explained everything clearly, was always available to answer questions and helped us secure a great mortgage rate. The mortgage broking service they offer is worth every penny and I'd not hesitate to use them again. Thank you!
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Dean Langton
7 April 2026
Excellent service and very nice people.
Would highly recommend using them.
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Sat Jakhu
2 April 2026
Great service , efficient and proactive to ensure solutions were right for each property. Always prompt with information and any communication required. Definitely recommended as an organisation who can provide tailored solutions for individual needs.
Awards & Recognition
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Frequently Asked Questions About Pepper Money
▸ ▾Is Precise Mortgages a good lender?
Precise Mortgages can be a good lender for borrowers who do not fit standard high street criteria. They may be considered for applicants with previous credit issues, self-employed income, complex circumstances or cases that need a more specialist approach.
That does not mean Precise will be the best lender for everyone. The right mortgage depends on your income, deposit, credit history, property type and affordability. Kerr & Watson can compare Precise with other lenders and explain which option is most suitable.
▸ ▾Do I need a mortgage broker to apply to Precise Mortgages?
Precise Mortgages works with intermediaries, so most applications are handled through a mortgage broker or adviser.
Using a broker can be helpful because specialist lending is often criteria-led. Kerr & Watson can check whether your case fits Precise’s requirements, review your documents and compare other lenders before an application is submitted.
▸ ▾Can Kerr & Watson help me apply to Precise Mortgages?
Yes, Kerr & Watson can help with Precise Mortgages applications. We can review your income, deposit, credit profile, bank statements, property details and mortgage goals before deciding whether Precise is the right lender to approach.
If Precise is suitable, we can help prepare and submit the application. If another lender is likely to be a better fit, we will explain your options clearly and help you choose the most suitable route.
▸ ▾Does Precise Mortgages accept applicants with bad credit?
Precise Mortgages may consider applicants with previous credit issues, subject to their criteria and internal credit scoring. This may include certain missed payments, defaults, CCJs, secured arrears or debt management plan history, depending on the detail of the case.
If you have adverse credit, it is best to get mortgage advice before applying. A broker can review what happened, when it happened, whether it has been satisfied and which lender is most likely to consider your application.
▸ ▾Can I get a Precise mortgage if I have been declined elsewhere?
You may still be able to get a mortgage with Precise if you have been declined by another lender, but it depends on why the previous application failed.
Applications can be declined because of affordability, credit history, income evidence, bank statement activity, deposit source, property type or information that does not meet the lender’s criteria. Kerr & Watson can review the decline and advise whether Precise or another specialist lender may be suitable.
▸ ▾Can I get a Precise mortgage if I am self-employed?
Precise Mortgages may consider self-employed applicants, including some cases where there is only one year’s accounts, subject to criteria and affordability.
Self-employed mortgage applications often need careful preparation. Kerr & Watson can review your accounts, tax calculations, tax year overviews, business income and bank statements before advising whether Precise is likely to be suitable.
▸ ▾How much can I borrow with Precise Mortgages?
How much you can borrow with Precise Mortgages depends on your income, commitments, deposit, credit profile, property and overall affordability. Precise’s residential range may support higher income multiples in some circumstances, but this is always subject to criteria and assessment.
Different lenders can offer different borrowing amounts for the same customer, especially where there is adverse credit or self-employed income. Kerr & Watson can compare Precise with other lenders to see what may be possible.
▸ ▾Can I remortgage to Precise Mortgages?
Yes, Precise Mortgages may be an option if you want to remortgage. This could be useful if your current deal is ending, your circumstances have changed, you want to borrow more or your case no longer fits a mainstream lender.
Before remortgaging, it is worth reviewing the interest rate, product fees, early repayment charges, property value, affordability and your future plans. Kerr & Watson can compare Precise with other lenders and recommend the most suitable route.
Precise has moved new buy-to-let lending to its sister brand, Rely. Existing Precise buy-to-let customers may still have options such as product switches, but new buy-to-let cases are generally directed through Rely.
If you were searching for a Precise buy-to-let mortgage, Kerr & Watson can still help. We can review your landlord case and compare suitable buy-to-let lenders, including options for limited company landlords, portfolio landlords and specialist property types.
▸ ▾Does Precise Mortgages offer bridging finance?
Yes, Precise Mortgages offers bridging finance. Bridging can be used in certain short-term property finance situations, such as buying before selling, auction purchases, refurbishment cases or where a property needs work before longer-term finance is arranged.
Bridging finance is more specialist than a standard mortgage and should be reviewed carefully. Kerr & Watson can help you understand the costs, timescales, exit strategy and whether Precise or another bridging lender is suitable.
Common Mortgage Lender Questions
▸ ▾How do I know which mortgage lender is right for me?
The right mortgage lender will depend on your income, deposit, credit history, property type, borrowing amount and long-term plans. Some lenders are better suited to straightforward residential mortgages, while others specialise in buy-to-let, complex income, adverse credit, commercial property or larger loans. A mortgage adviser can compare lenders and help identify which option may be most suitable for your circumstances.
▸ ▾Do all mortgage lenders use the same criteria?
No. Every mortgage lender has its own lending criteria, affordability model, credit scoring system, property requirements and risk appetite. This means one lender may decline an application that another lender is comfortable considering. Lender selection is an important part of the mortgage process.
▸ ▾Why use a mortgage broker instead of applying directly to a lender?
A mortgage broker can help compare lenders, check criteria before you apply and explain which options may be suitable for your circumstances. This can be especially useful if you are self-employed, have complex income, need a buy-to-let mortgage, have previous credit issues or are unsure which lender is likely to accept your application.
▸ ▾Can a whole-of-market mortgage broker access more lenders?
A whole-of-market mortgage broker can review a wide range of lenders and products, including high street banks, building societies, specialist lenders and intermediary-only lenders. This can give you a broader view of your options than approaching one lender directly.
▸ ▾What is an intermediary-only mortgage lender?
An intermediary-only lender is a lender that usually accepts applications through mortgage brokers rather than directly from customers. These lenders may offer products or criteria that are not available by applying directly online or through a branch. A mortgage broker can check whether an intermediary-only lender may be suitable for your case.
▸ ▾Does the lowest mortgage rate always mean the best lender?
Not always. The lowest rate may look attractive, but it is not automatically the best option. You also need to consider lender fees, affordability, criteria, product terms, early repayment charges, valuation requirements, service levels and whether the lender is likely to approve your application.
Yes. Mortgage lenders use different affordability calculators and assumptions. They may treat income, bonuses, commission, overtime, self-employed income, pension income, benefits, debts and childcare costs differently. This means the amount you can borrow may vary significantly from one lender to another.
▸ ▾Can a mortgage lender decline me even if I can afford the mortgage?
Yes. Mortgage lenders do not assess affordability alone. They may also review your credit history, employment type, income structure, deposit source, property type, loan-to-value, age, commitments and overall risk profile. Even if the monthly payment seems affordable, a lender may still decline the case if it does not meet their criteria.
▸ ▾If one lender declines me, can another lender still approve me?
Yes. A decline from one lender does not necessarily mean you cannot get a mortgage. Lenders assess applications differently, so another lender may take a more suitable view of your income, credit history, property or deposit. It is important to understand why the application was declined before approaching another lender.
▸ ▾Do lenders treat self-employed income differently?
Yes. Some lenders use the latest year’s income, while others average the last two years or assess salary and dividends for limited company directors. Some lenders may also consider retained profit, contractor income or more complex trading structures. Choosing the right lender can make a significant difference for self-employed applicants.
▸ ▾Do mortgage lenders accept bad credit?
Some lenders may consider applicants with bad credit, depending on the type, age and severity of the credit issue. Missed payments, defaults, CCJs, debt management plans, IVAs and previous arrears are all assessed differently by different lenders. A specialist lender may be more suitable if you have historic credit problems.
▸ ▾Can Kerr & Watson help me choose between mortgage lenders?
Yes. Kerr & Watson can review your circumstances, compare suitable lenders and explain which options may be available. We can help with residential mortgages, buy-to-let mortgages, specialist lending, complex income, adverse credit, bridging, commercial finance and later life lending, depending on your needs.
