Latest news
Another seamless completion assisted by Solstar
The case has now completed and the self-build project is underway. The build is estimated to take around 12 months and the final value is likely to be around £3.5m. The case was placed with a building society on a self-build
Comprehensive private health cover for you and your family
The case has now completed and the self-build project is underway. The build is estimated to take around 12 months and the final value is likely to be around £3.5m. The case was placed with a building society on a self-build
Product news
NEW Developer exit products
Tier 1 developer exit product Up to 60% LTV 0-6 Units Up to 12-month term Minimum loan - £50,000 No maximum loan 2% facility/product fee Tier 2 developer exit product Up to 75% LTV No limit on the number of units Up to 18-month term Minimum loan - £50,000 No...
Semi-exclusive Buy-to-let purchase & re-mortgage product
Max LTV 65% 65% Max Loan Size Loans up to £500,000 Min Loan Size £50,000 5 Year Fixed 6.84% 7.29% Arrangement Fee 4.99% 2.50% Reversion rate BBR* + 4.99% ERC 5 Year Fixed : 5%/5%/4%/3%/2% 10% overpayment permitted on a lump sum basis per annum Application Fee £180...
Buy-to-let products
Standard | Limited Company | HMO & MUFB Standard: Up to 75% LTV Initial rate from 4.59% Up to 7 year fixed Fee's from £0 Limited Company: Up to 75% LTV Initial rate from 4.59% Up to 7 year fixed Fee's from £0 HMO & MUFB: Up to 75% LTV Initial rate from 4.99%...
Semi-exclusive Buy-to-let rate drop product
Expat Buy-to-let: Key Features: Rates from 5.29% LTV up to 70% 5 year fixed available Product name Initial interest rate Followed by our RI Managed Mortgage Rate APRC Max LTV Early Repayment Charges Product Fee 5 Year Fixed Rate until 31/05/2029 5.29% 9.19% 8.1% 60%...
SEMI-EXCLUSIVE Residential rate drops
Owner Occupier: Key Features: Product name Initial interest rate Followed by our Managed Mortgage Rate currently APRC Max LTV Early Repayment Charges Product Fee 2 Year Fixed Rate until 30/06/2026 5.59% 8.44% 7.9% 60% 2% until 30/06/2025 1% until 30/06/2026 £999^ 2...
NEW residential credit repair product
Credit Repair: Key Features: Day 1 discharged bankrupt Rates from 7.49% Maximum LTV 70% on purchase or remortgage CCJs: Maximum £6,000 in the last 36 months & none in the last 12 months IVAs: Must not be entered into in the last 6 months. Satisfactorily conducted...
Commercial Finance rate drops
Commercial Finance products: Key lending criteria: Borrower type; UK registered Limited Companies, LLPs, Partnerships and Sole Traders Loan size; £150,000 to £10 million Term; 5 to 25 years. Interest only products maximum 5 years Base Rate type; Variable – Bank of...
Second Charge rate drops
Second Charge products: Key features: NEW - 5 yr rates starting from 6.59% NEW - 2 yr rates starting from 7.59% NEW - 3 yr rates starting from 7.39% NEW - Interest Only rates starting from 7.59% NEW - Lifetime trackers starting from 3.20% above SVR NEW - Max...
Brightstar
Development property insurance
Development property insurance Objective & outcome Solstar was approached by this client seeking buildings insurance for a property they were purchasing to renovate. The goal was to finalise renovations within an 8-month timeframe, before selling. Solstar promptly...
Another seamless completion assisted by Solstar
Another seamless completion assisted by Solstar Objective & outcome This client was in the final stages of completing their property transaction when a last-minute issue arose regarding insurance coverage; the buildings insurance provided did not include...
Comprehensive private health cover for you and your family
Comprehensive private health cover for you and your family.Objective & outcome Solstar recently assisted a client who faced a sudden loss of private health care when his wife departed her job who provided this. This left our client, his wife and their two children...
Second charge mortgage saves dream holiday home purchase
Second charge mortgage saves dream holiday home.Obstacle Our clients had made a significant commitment to purchasing a holiday home abroad. They had already invested £12,000 to secure the property but encountered a major setback when their mortgage application fell...
Latest podcast
A great customer journey
I have sent over a number of enquiries to Brightstar Financial over the last three or four years including bridging loans, commercial finance and, most recently, second charge lending and have always received excellent service. When referring, I can trust that the...
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Commercial opportunity increases as we look to 2024
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New product structures offer hope to Buy to Let investors
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Using bridging to get people moving
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New year, new space
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It is possible to maximise affordability, even with recent adverse
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WEBINAR: Opportunities in specialist lending
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Semi-commercial gets competitive
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Limited company dominance shows as landlords get serious