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Brightstar shows broker the way to exclusive product

Specialist residential mortgage case study of the month - February 2018

Objective

Our introducing broker had attempted to place a case directly with Kensington.  The enquiry was for a client who wanted to purchase a second home in a picturesque location in Norfolk.  Kensington referred the broker back to Brightstar as we have exclusive access to a second homeowner product via our Private Label initiative.

Obstacle

Both clients’were self-employed and required the lender to use net profit and their latest year’s figures.

Outcome

The case was accepted at 70% LTV on our exclusive 2 year fixed rate at 2.64%

 

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