Latest news
LIMITED EDITION 5year fixed personal BTL product
Limited Edition Product Details: No Product Fee No Application Fee Free valuation for properties up to £500,000 Discounted valuation for properties more than £500,000 Minimum loan amount of £45,000 Maximum loan amount of £750,000 £500 cashback for remortgage...
Helping a First-Time Buyer Secure Finance for a Complex New Build BTL
Our team of commercial finance experts were able to secure terms with a challenger bank who offered 60% LTV against a purchase price of £2m, at a rate of 3.12% plus BBR.
Brightstar News
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...
Acquisition of commercial premises within 9 weeks
Acquisition of commercial premises within 9 weeks.Objective This client, a business owner, sought to acquire the property from which their business operated. The property, located in Scotland, comprised a grade 1 listed commercial building, including an additional...
Second charge mortgage for debt consolidation, slashing expenditure by £1,306 per month.
Second charge mortgage for debt consolidation, slashing expenditure by £1,306 per month.Objective Our second charge team recently assisted this client burdened with unsecured credit resulting from a comprehensive property renovation.Obstacle The client's financial...
Retirement Interest Only mortgage for debt consolidation
Retirement Interest Only (RIO) mortgage for debt consolidationObjective These clients, aged 71 and 72, were facing difficulties managing their finances in retirement, particularly with mounting debts. They needed a solution to consolidate their debts and ease their...
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
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...
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Development exit bridging loans can open up new opportunities
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MUFBs can be harder to manage – but also provide higher yields
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Holiday let demand continues to rise despite travel restrictions being lifted
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HMOs can provide an attractive investment opportunity
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Helping your clients to streamline their finances with a second charge
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The UK Specialist Lending Podcast episode 3
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The UK Specialist Lending Podcast episode 2
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Why finance needs menopausal women and men who get it
