New range targets high-net-worth individuals with unique financial needs
Private Label, a mortgage brand powered by Brightstar Financial, has unveiled its latest lending products, branded the Rockstar Range.
Features of the new range include interest-only lending up to 90% loan-to-value (LTV), extending into retirement, and flexibility for self-employed individuals and those with complex incomes.
The criteria allow professional individuals with less than 12 months of trading history to qualify, along with other scenarios common to affluent professional borrowers.
The Rockstar Range will also consider foreign nationals with less than 12 months in the UK and will accommodate large loans exceeding £5 million.
Brokers can access the Rockstar Range by contacting Brightstar Financial, which has a dedicated Private Label team.
“We have never been shy of innovating, and this next tranche of lending for Private Label is a return to ‘true exclusivity’ with the end goal being to assist even more borrowers with complex scenarios,” said Bradley Moore, deputy chief executive at Brightstar Group.
The recently relaunched Private Label – a white label lending brand first launched in 1977 – offers tailored solutions and customised pricing based on individual risk assessments, adopting a client-centric approach that provides personalised mortgage solutions through a deep understanding of each client. The brand collaborates with an exclusive panel of strategic partners, ensuring priority for Private Label applications for loans of £500,000 or more.
“We’re really excited about this new chapter and believe that Private Label will appeal to a wider range of intermediaries in providing solutions they can’t find elsewhere,” said Paul Brett (pictured), project lead at Private Label. “The Rockstar Range of mortgages is our first launch in this next evolution of the Private Label brand.”
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