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SECURE TRUST BANK EXPANDS PARTNERSHIP WITH BRIGHTSTAR

Secure Trust Bank has extended its partnership with Brightstar Financial to make its mortgages available to more intermediaries across the UK.

The London Stock Exchange-listed bank signed a deal with Brightstar in April 2017, but its mortgages were limited to Mortgage Advice Bureau (MAB) brokers only. The bank’s mortgages will now be available to over 7,000 intermediaries that currently work with Brightstar.

The Billericay-based lending expert will continue to help Secure Trust Bank find the most appropriate solutions for customers who are underserved by traditional lenders. This includes the self-employed, contract workers and those with complex incomes or who have experienced a credit blip.

Tony Hall, Head of Sales and Marketing at Secure Trust Bank Mortgages, said: “After a successful launch period, we are really pleased to be extending our partnership with Brightstar. The company has a proven track record of placing complex cases and we will now have access to a much wider network of intermediaries.”

Gina Blagden, Head of Residential Mortgages at Brightstar Financial, added: “We are the UK’s leading distributor of mortgages and work with over 50 per cent of the entire intermediary market, so we’re delighted to be extending the partnership even further. By opening our distribution channels we are now in a much stronger position to place more mortgages for Secure Trust Bank.”