• Broker
    The information contained in this area of our website is for FCA regulated brokers only and not intended for consumer usage.
  • Consumer

IS THE STAYCATION TREND HERE TO STAY?

Opportunity Knocks: Buy-to-let mortgages

Insights:

The staycation holiday has steadily increased in popularity over the last couple of years, as holidaymakers turn to more reliable and sustainable options in the UK, rather than the long-haul destinations they may have enjoyed previously. As a result, we have seen a sharp increase in holiday buy-to-let mortgage cases as investors capitalise on this trend.

In addition to new cases, we are seeing lots of remortgage enquiries as the five-year fixed rates that landlords took out following rule changes in 2016 are now coming to maturity. The scenarios and property types for these remortgagers will vary from standard properties to let-to-buys, HMOs, MUFBs, right through to large portfolio refinances.

 

Opportunity:

You don’t need to be experienced in specialist cases to help your landlord clients with buy-to-let properties old and new. By referring to us, your clients’ cases will be safe in the hands of our award-winning team and you can earn an average of £1,586 commission per case.

Or, if you’d rather, we can act as a traditional packaged service. But either way you have the peace of mind from our strict no-cross-sell guarantee.

 

We currently have a number of semi-exclusive buy-to-let products that cover these scenarios, here’s the key highlights:

  • Rates starting at 2.69%
  • Fees free remortgages up to 75% LTV
  • Zero arrangement fee product
  • Holiday/Short-term-lets based on holiday rental or AST
  • Up to 20 room HMOs and large MUFBs with low arrangement fees
  • Large mortgages up to £25m for portfolio re-finance

 

Action:

Our semi-exclusive products can help with even the most complex of cases. If you have any landlord clients who may be approaching a remortgage, or clients who may be looking to invest, then now is the time to give them a call.

We offer a name and telephone number referral service or the traditional packaged route and pay a generous share of the enhanced lender proc fee in either scenario. And with our strict no cross-sell guarantee, you can relax in the knowledge that your client will remain yours.

 

Give us a call, or complete the enquiry form on the right and we’ll take it from there.

 

Subject to status.  Products and criteria are subject to change or withdrawal at any time.  Please contact us regarding current availability.

FOR INTERMEDIARIES ONLY AND NOT INTENDED FOR THE GENERAL PUBLIC.

Get in touch

  • We want you to know exactly how our service works and why we need your details to proceed.
  • We would like to contact you with occasional news from Brightstar. Please tick the boxes below to tell us all the ways you would like to hear from us;