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The latest specialist finance trends, products, case studies and more

Latest news

March 2024 / 10:18 am

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...

Another seamless completion assisted by Solstar

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

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

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

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

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

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

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

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 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 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

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

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

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 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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