Brightstar launches high net worth division
Brightstar Financial has announced the launch of Sirius Private Clients, a new division that will focus on financing for high net worth residential and commercial real estate transactions.
"We feel that the time is right to offer this specialist service as clients and intermediaries look for the best funding solutions in this changing market."
The Sirius team, based at Brightstar’s City of London offices, will work with clients looking for financial arrangements of £1m and upwards on UK properties through buy-to-let, residential and commercial mortgages, development and bridging loans.
The division is being led by director Robert Collins who also heads up the commercial and development finance team at Brightstar and has worked in the finance sector for more than 25 years as a principle lender and as a commercial finance broker.
Robert Collins said: “The current property market, particularly in London, is in a state of flux as new tax rules and Brexit take effect. We feel that the time is right to offer this specialist service as clients and intermediaries look for the best funding solutions in this changing market.”
Rob Jupp, chief executive officer of Brightstar, added: “Brightstar already deals with high net worth transactions, but this dedicated team based in London is able to offer a bespoke proposition to provide clients with a more personal level of service. After the launch of our EasySource system and invoice and asset finance arm, this has been an exciting year for everyone involved at Brightstar.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
This week's biggest stories:
Budget
Budget: Government confirms details of 2.5% deposit first-time buyer scheme
State Pension
Budget: Government confirms state pension tax protection
FCA
FCA restricts six lenders over anti-money laundering concerns
FCA
Advice firm employees plead guilty after defrauding clients of £2m
Budget
Budget: Government reduces Lifetime ISA withdrawal charges ahead of new FTB ISA launch
Inflation
Inflation rises to 3.5% as mortgage rates outlook shifts