Precise HMO Mortgage: Criteria & LTV (2026)

Precise Mortgages, part of the OSB Group, is a specialist lender supporting borrowers who are underserved by mainstream lenders. They offer a wide range of buy-to-let products, including for HMOs, limited companies, and those with less-than-perfect credit.

Bridging HMO up to 10 bedrooms (published)
Tiered products for adverse credit
Term-HMO first-time policy not published

HMO Services

See our guide to HMO mortgages for criteria, valuation and how specialist lenders underwrite multi-let stock. Or compare HMO mortgage lenders side by side.

Yes:HMO Mortgages
Yes:HMO Remortgages
No:HMO Bridging
No:HMO Development

Precise HMO mortgage rates are not a live term card on this page. The table is from Precise’s intermediary bridging criteria, checked 22 October 2026. Not an offer. See HMO bridging finance, HMO mortgages or compare HMO mortgage lenders.

HMO criteria at a glance

Bridging criteria page, 22 October 2026. Term-HMO LTV, beds and first-time rules are Not published on the current Precise pages cited here.

Item	Published	Source
Max beds	Up to 10 bedrooms (bridging HMO). Term HMO: Not published.	Precise bridging criteria, 22 Oct 2026
Max LTV	Typical maximum 75% (bridging). Term HMO: Not published.	Precise bridging criteria, 22 Oct 2026
ICR	Not published	Pages cited, 22 Oct 2026
Ltd company	Yes on non-regulated bridging (UK SPV, personal guarantees, max 4 qualifying directors)	Precise bridging criteria, 22 Oct 2026
First-time landlord	Not published as a term-HMO policy. First-time bridgers: refer to account manager.	Precise bridging criteria, 22 Oct 2026
Licence	Not published	Pages cited, 22 Oct 2026
Valuation basis	Physical valuation for HMOs. AVMs are not for properties that need works.	Precise bridging criteria, 22 Oct 2026

HMO products offered

The published HMO route on the pages cited is bridging, including a development-exit remortgage from another development lender at up to 65% LTV — Precise’s own bridging criteria page (checked 22 October 2026) says remortgaging from another development finance lender is accepted up to 65% LTV. Precise says development loans themselves are not available. A historic residential or sub-4% BTL news post is not a current HMO product.

Who this lender suits / does not suit

Suits a short-term HMO bridge of up to 10 bedrooms where a term lender cannot complete yet. Does not suit anyone treating Precise as a live first-time term-HMO lender. That first-time policy is not published.

How to apply through a broker

Say whether you need a bridge or you thought Precise still held a term HMO card. We will not send a term purchase to a page that does not publish one. There is no charge for an initial quote.

Similar HMO lenders

For live term HMO criteria compare The Mortgage Works and Paragon, or compare HMO mortgage lenders.

Next step: quote / speak to a specialist

Tell us if the exit is a term HMO mortgage or a sale. We will not describe Precise as first-time-friendly for term HMO.

Related reading: compare HMO mortgage lenders and HMO mortgages.

FAQs

Precise HMO Mortgage: Criteria & LTV (2026): published criteria, not a live rate card.

What are Precise HMO mortgage rates?

Not published as a live term-HMO card. Precise HMO mortgage rates on this page are not an offer. Current published HMO figures are bridging: typical maximum 75% LTV and a 10-bedroom cap (bridging criteria, 22 October 2026).

Does Precise still write term HMO mortgages?

The live Precise intermediaries products page checked on 22 October 2026 is residential. A current term-HMO LTV, bedroom and first-time rule is not published there. Bridging will consider an HMO. A news post about limited-edition residential or sub-4% BTL deals is not a live HMO product.