Straightforward mortgage applications are becoming an increasing rarity, which is why we are seeing rapid growth within the specialist lending industry. We know that many people do not fit mainstream lending criteria for a variety of reasons and our objective is to meet the needs of your clients through a range of innovative products via our comprehensive specialist lending panel.

What is a Specialist Mortgage?

A specialist mortgage is when the deal makes sense but rigid automated decisioning systems used by many mainstream lenders are not able to take a view and therefore, the client falls foul of a “computer says no” situation. We partner with lenders who are able to judge each case on its own merits and price for the risk applicable to your client, enabling us to provide tailored solutions to fit individual circumstances.

Types Of Mortgage Covered Within This Division:

  • Residential property purchases
  • Residential remortgages, with or without capital raising
  • BTL purchases
  • BTL remortgages, with or without capital raising
  • Let to buy

Criteria Overview:

  • Market leading rates
  • Up to 95% LTV
  • Fixed and variable rates
  • Interest only options
  • Products with no fees, no ERCs and cashback deals
  • Lending in England, Scotland and Wales

Typical Client Scenarios:

  • First time buyers
  • Self-employed with 1 year’s accounts/SA302
  • Adverse credit history
  • Lending into retirement
  • High loan to value mortgages
  • High loan to value new build houses and flats
  • Gifted deposits
  • Foreign nationals and ex pats
  • Income stretches
  • Contractor mortgages
  • Interest only mortgages
  • Income made up of pension or benefits only
  • Non-standard construction properties
  • Listed buildings
  • Flats above commercial premises

Criteria Overview:

  • Market leading rates
  • Up to 85% LTV
  • Fixed and variable rates
  • Interest only options
  • Products with no fees, no ERCs and cashback deals
  • Lending in England, Scotland and Wales

Typical Client Scenarios:

  • High loan to value mortgages
  • High value properties
  • First time landlords
  • Ex pat BTL mortgages
  • No minimum income/self-funding BTLs
  • Limited company BTLs
  • Adverse credit
  • Houses of multiple occupancy and student lets
  • Non-standard construction properties
  • Listed buildings
  • Flats above commercial premises

The Process

The human touch is core to our proposition and we welcome your call to discuss your client’s individual circumstances. Please note that we are non-regulated for Mortgages & BTL and therefore we are not able to deal directly with your client within this division.

You can produce an instant quotation and submit your enquiry at any time by visiting:

www.easysource.co.uk

  1. Login to EasySource & select ‘new enquiry’
  2. Complete the pre-qualification to establish the product categories that could finance your enquiry; select the product categories you wish to compare results for and your preferred dedicated case manager.
  3. Enter the details of your client’s circumstances & produce a list of available products. Your chosen case manager will contact you to discuss the options available, the administration and valuation fees applicable and information required to obtain a decision in principle from the lender.
  

Contact our specialist mortgages helpdesk today:

01277 500 900 (option 1)

or email

mortgages@brightstarhub.co.uk

Specialist Mortgages Made Easy