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Brightstar Financial, the specialist lending distributor, has won the ‘Top Specialist Distributor’ Award at the Precise Mortgages Awards, held on Thursday 4th December at Weston Park in Staffordshire.

Brightstar, which has enjoyed a stellar year of growth since it launched just three years ago, had written over £500 million in completions by July this year.

The desire to found a business to provide support for financial advisers in the specialist lending field has proved to be a great success with the sector growing rapidly over the past five years as more customers have found it difficult to find funding for residential and commercial purposes.

According to CEO, Rob Jupp, the value of the specialist lending market to the intermediary market is still underestimated.

He said, “Winning this award from a lender of the calibre of Precise Mortgages, not only gives me and my team a huge boost and a great deal of pleasure, but also an opportunity to appeal to advisers, networks and mortgage clubs and say that there are groups of customers, such as the self employed, older borrowers looking to borrow into retirement and customers who are effectively prisoners of their lenders, whom we can help by working together. Thanks to the panel of lenders we have, including Precise Mortgages, we have been successful in helping more brokers and their clients who had been originally told that they would not be able to get the funding they required.”

Alan Cleary, Managing Director at Precise Mortgages, added “Congratulations to Brightstar who excelled in distributing products from across our entire product range. Rob and his team set out their strategy to be a multi-discipline specialist distributor and it has clearly worked.”