"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."
- Bradley Moore, Brightstar Group deputy CEO
Private Label, relaunched by The Brightstar Group earlier this year, has launched a new ‘Rockstar Range’ of mortgage products.
The lender says the range of mortgages is designed for individuals who "embody the spirit of a rockstar — those who are talented, stand out, and defy conventional norms".
Features of the range include interest-only lending up to 90% LTV, including into retirement, and flexibility regarding self-employment and complex income, with criteria that accepts professional individuals with less than 12 months’ trading history and other scenarios that frequently apply 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 £5m.
Private Label provides tailored solutions and customised pricing based on individual risk assessments. The brand has an exclusive panel ofpartnerships with lenders that will prioritise Private Label applications for loans of £500,000 or more.
Brokers can access the Rockstar Range by contacting Brightstar Financial, who have a dedicated Private Label team.
Paul Brett, project lead at Private Finance, said: “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. The Rockstar Range of mortgages is our first launch in this next evolution of the Private Label brand.”
Bradley Moore, Brightstar Group deputy CEO, added: “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.”
