Brightstar Financial is offering a range of buy-to-let and ‘near prime’ products funded by Precise Mortgages.
Products include an 85% LTV option on ‘minor adverse’ cases with rates starting from 6.69% fixed.
On the buy-to-let side they inside an 80% LTV product with rates from 5.64% (tracker) with fixed arrangement fees and a 70% LTV product for minor adverse from 5.44% (tracker).
Rob Jupp, CEO of Brightstar, said: “This new range is another significant step along the road to helping people get access to the type of borrowing they need.”
“By listening to distributors like Brightstar Financial, we aim to provide the kind of products which make a difference,” added Roger Morris, director of sales at Precise Mortgages.
“With this new range, we are addressing the needs of a greater number of clients who might otherwise have been excluded from new borrowing.”
The Business Mortgage Company (TBMC) will also be offering the buy-to-let products.