During 2017 Brightstar launched an innovative suite of exclusive products via its Private Label brand.
My product of the year has to be ‘The Bridging Buster’ by Private Label because it allows clients to remortgage a property within the first 6 months on the post works uplifted value; as long as works have been completed and evidence can be provided. This product has allowed clients on expensive bridging finance deals to exit at the earliest opportunity whilst raising additional funds to repay debts that have been incurred from works and for potential portfolio expansion.
The product allows the client to re-mortgage with or without capital raising to 75% LTV and rates start at 3.34%.
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