The largest loan completed by the specialist lender was introduced by distributor Enterprise Finance and secured on a prime property in Surrey.
Fast turn around times and good service levels are vital in the bridging market as poor service can easily kill a deal.
Danny Waters, chief executive officer of Enterprise Finance, said: “We are delighted to be involved with Precise as they have a wide product range and have a genuine desire to provide an excellent service to brokers and their clients and we welcome them to our lending panel.”
Alan Cleary, managing director of Precise Mortgages added: “The Enterprise team did a great job in putting this deal together and we were pleased to be the lender of choice on this occasion.”
