Brightstar Financial has grown its salesforce by more than 40% since the start of 2021.
This extra recruitment has supported continued growth at the specialist distributor, which has secured several new network and club contracts, and is now accessible to more than 75% of intermediaries through long-term arrangements.
Brightstar Financial gives brokers access to dedicated teams of experienced lending specialists with expertise in specialist residential mortgages, complex buy-to-let, second charge mortgages, commercial, bridging and development finance. Brokers can choose to keep ownership of the advice and harness the specialist distributor’s lender relationships, or they can choose to refer a case to Brightstar to provide the advice in return for a share of the enhanced lender proc fee.
Bradley Moore, Managing Director at Brightstar Financial, said: “There has never been a better time for brokers to engage with the specialist mortgage market. The sector was already a growing area for brokers before Covid, and the impact of the pandemic has only served to accelerate this change – creating complexity in client circumstances and opening up new opportunities for investors.
“Staying on top of all the potential solutions across the range of specialist sectors is more than a full-time job – it’s several full-time jobs. But, at Brightstar, we empower brokers to access these markets by leveraging our expertise and relationships – and this approach is proving increasingly popular with a rapidly growing number of brokers.”
“We’re really proud to have delivered such significant growth so far in 2021 and we look forward to continuing to ramp up our proposition so that we can continue to reach more intermediaries and help more customers to access the right solution for their circumstances.”