Brightstar hires ex-Savills Director to head up regulated company

Specialist distributor Brightstar has hired Neil Chambers to head up Bright Mortgage Services…

Subsidiary company Bright Mortgage Services can also now accept regulated bridging business.

Ex-Savills Private Finance Director Neil Chambers is heading up Brightstar’s sister company, Bright Mortgage Services, which is FCA-authorised.

Brokers are now able to refer their clients to Bright Mortgage Services’s team of advisers, where they will be advised from enquiry right through to completion.

“Advisers have never been busier than they are currently with a record number of business,” commented Rob Jupp of Brightstar.

“A number of our intermediaries have requested that they simply want to pass on regulated business to us without responsibility.

“With that in mind, we have set up an FCA-authorised business, Bright Mortgage Services, to authorise these types of loans.”

Rates on regulated loans start from 0.59% PCM and go up to 75% LTV (100% with additional security), with no maximum age restrictions, within reason.

“Brokers who are happy to take responsibility of regulated advice can do so through our Brightstar brand with our Head of Bridging, Kit Thompson,” Rob concluded.

Comments are closed.