Latest news
Paul Brett and Brightstar join forces to relaunch Private Label
Former Landbay managing director of intermediaries, Paul Brett has joined forces with the Brightstar Group to relaunch its Private Label lending proposition. Brett will take on the role of project lead, working with brokers to identify opportunities to help clients...
Bright Insights, March 2024
Product news
Buy-to-let rate drops
Buy-to-let products: Standard product Key features: Individuals (includes First Time Landlords) and Limited Companies (UK SPVs) Houses, leasehold flats and maisonettes to 75% LTV Rates from 3.64% Max LTV 75% Minimum loan size - £50k Maximum loan size - £1.5m...
Residential rate drops
Residential products: Introducing lower residential rates Rates are reducing across this residential mortgage range. Key Features: 2-year fixed rates now from 6.19% 5-year fixed rates from 5.84% Flexibility with income multiples No maximum loan amount on selected...
Buy-to-let rate drops
Standard Properties: Key Features: Max loan size: £1,000,000 Min loan size: £50,000 Max LTV: 75% Term length: 7 - 30 years* Regions: England, Wales and Scotland Small HMO (up to 6 rooms): Key Features: Max loan size: £1,000,000 Min loan size: £50,000 Max LTV: 75% Term...
Semi-exclusive bridging and developer exit solutions
Whether you’ve got a buy to let conversion or you’re completing a large refurbishment, we’re here to help with your bridging needs. We work together with specialist lenders to find the right products for you. And, as a partner of InterBay Select we’ve got exclusive...
SEMI-EXCLUSIVE, NEW AVM products for standard properties
Available to individuals and limited company (SPV). Product Details: Property Type - Standard Property AVM Product Type - 5 Year Fixed Max LTV - 70% Rates - From 4.95% Product Fees - From £1,499 Minimum Loan - From £30,000 Maximum Loan - From £525,000 Stress Rates -...
Semi-exclusive Buy-to-let RATE REDUCTIONS
This new range of products have a unique specialist buy to let proposition aimed to provide a broader suit of criteria, beyond that typically catered for in the specialist buy to let market. The range comprises of an additional layer of landlord requirements and...
Semi-exclusive Buy-to-let products
A Semi-exclusive range of specialist Buy-to-let products aimt to provide a suite of brad and specialist criteria for an additional layer of extraordinary property or loan types beyond that typically catered for in the specialist Buy-to-let market. Key Features:...
Buy-to-let product rate drops
The revised fixed rate product range will be available from Friday 15th September 2023. Please note that there will be decreasing fixed rates across limited-edition product ranges. A summary of some of the changes are noted below: Product Changes: Standard Limited...
Brightstar
Bright Insights, March 2024
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...
£300k raised in one month for retired couple looking to invest
£300k raised in one month for retired couple looking to investObjective The introducing broker needed assistance for their retired clients, aged 68 and 65, to leverage the equity in their mortgage-free home to invest in a company, aiming to generate passive income...
£230k second charge mortgage for debt consolidation and home improvements
£230k second charge mortgage for debt consolidation and home improvementsObjective Our introducers client was seeking a £230k second charge mortgage for debt consolidation and home improvements. They had previously taken out a second charge for home improvements, and...
Latest podcast
What more could you ask for?
I have been using Brightstar Financial for around two years now and only wish I had discovered them sooner as they are always spot on when it comes to customer service, speed, and knowledge. Coupled with a generous commission payout, what more could you ask for? I...
