Precise Mortgages has made its top slicing feature available across its entire buy-to-let range.

The lender now accepts top slicing on all eligible personal ownership, limited company, portfolio, HMO, and holiday and student let applications. But first-time buyers are excluded.

Borrowers are also now permitted to use surplus portfolio or earned income to demonstrate that they could meet any financial stresses on their new property application, rather than solely through the rental income of that property.

Precise has also streamlined the application process by reducing the number of questions brokers have to provide answers for and enhanced its online buy-to-let calculator.

Alan Cleary, managing director of Precise Mortgages, commented: “In a challenging market, we’re always thinking of new ways to help more customers get the buy-to-let mortgage they want and optimise their investment opportunity.

“By making our top slicing feature available across our entire buy-to-let 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 requirements in the past.”