Brightstar Financial is delighted to announce today that it has been appointed to Legal & General Mortgage Club’s specialist distributor panel as a packager
Brightstar will offer the full spectrum of packaging products to the L&G mortgage club’s members.
L&G Club members will be given access to Brightstar’s industry-renowned lending hub with exclusive and semi-exclusive specialist products for residential and buy-to-let mortgages, second charge mortgages, unsecured loans, short-term lending, commercial and development finance.
Club members will also have access to Brightstar’s Private Label brand, which launched on 4 July with a range of specialist products. They include the Mortgage Tailor focused on bespoke products, the Day One Re-mortgager, the Temporary Letter for short-term lets and the Self-Builder supporting self-build clients.
The L&G Mortgage Club is one of the biggest names in mortgage distribution and supports thousands of directly authorised mortgage brokers.
The appointment is the latest step in a landmark year for Brightstar as it remains on course to smash through £1bn in specialist lending during 2017.
Brightstar Financial CEO Rob Jupp commented: “We are delighted to join L&G’s packaging panel. It has been one of the most rigorous due diligence processes that we have ever participated in, so we were delighted when we received communication that we will be working with its members.
“Partnering with one of the UK’s leading mortgage clubs is a huge boost for our business and we look forward to working with many of its members in the years ahead, and assisting them in developing additional income and value through specialist lending.”
Jeremy Duncombe, Director, Legal & General Mortgage Club commented “We aim to offer our members a one stop shop for all their mortgage related needs, and have worked hard to create bespoke propositions for packaging, second charge, conveyancing and later life lending to name just a few. Providing a choice of good quality partners is vital to us, and we are therefore very pleased to be working with a high profile firm such as Brightstar”