Brightstar breaks £100 million barrier
Brightstar Financial, the specialist lending intermediary hub, has announced that it has passed £100 million in completions in the eight months since the beginning of the year.
Brightstar, which was founded three years ago by CEO Rob Jupp, has become one of the most successful exponents of the specialist distributor model, providing research and placement facilities for intermediaries across the range of specialist lending from first charge residential, BTL and secured loans to bridging loans and commercial mortgages.
According to Rob Jupp, the success of Brightstar has been down to the relationships forged with lenders and those with the intermediary market along with the experience and knowledge of the Brightstar team.
He said:
“Not in my wildest dreams did I believe that we would be where we are today. Brightstar has written more business in 2013 then we had done in the previous two years put together. We have been fortunate in our choice of lending partners who have understood the value that we can bring to their businesses and thanks to the breadth of our proposition and the professionalism of the Brightstar team, we have been able to attract major networks and also great support from directly authorised brokers. They have seen that we can save them time in research and, due to our close relationships, place cases where they might well have been unsuccessful.”
“We have established a great base on which to build and look forward to the next stage in Brightstar’s development.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
This week's biggest stories:
Santander
Santander launches 98% LTV ‘My First Mortgage’
First-time Buyer
Improved affordability sparks 20% rise in first-time buyers: Nationwide
Inflation
Further rate cuts dampened as inflation rebounds to 3.4%
Mortgage Rates
Two Big Six lenders increase mortgage rates as swaps rise
Bank Of England
Bank of England holds interest rates at 3.75% in narrow 5-4 vote
Interest Rates
Looser Fed policy stance could slow further rate cuts, policymakers warn