Finance

Private Label introduces ‘rockstar’ range

LTV mortgage

The range features interest-only lending up to 90% LTV, including into retirement, and has flexibility around self-employment and complex income

Relaunched lender Private Label has introduced a “rockstar” range, aimed at those individuals who are “talented, stand out, and defy conventional norms”.

The range features interest-only lending up to 90% LTV, including into retirement, and has flexibility around self-employment and complex income.

It also accepts professional individuals with less than 12 months’ trading history and will consider foreign nationals who have been living in the UK for less than a year.

The range will also accommodate large loans exceeding £5 million.

For brokers wanting access to the rockstar range they should contact Brightstar Financial, who have a dedicated Private Label team.

Private Label was founded by Stephen Knight, Barry Searle, Jeff Knight, Simon Knight and Godfrey Blight and worked with a number of smaller, centralised lenders to design mortgage products in the late 1980s.

The firm was then sold to General Motors and became GMAC-RFC, and after the financial crisis, it was transferred into Paratus AMC.

Brightstar bought the website and registered the firm nearly eight years ago, with Paul Brett joining Brightstar Group to relaunch the proposition earlier in 2024.

Private Label offered “tailored solutions and customised pricing based on individual risk assessments, with a client-centric approach offering personalised mortgage solutions through in-depth understanding of each client”.

It has an exclusive panel of strategic partnerships with lenders that will prioritise Private Label applications for loans of £500,000 or more.

Brett noted: We are really excited about this new chapter and believe that Private Label will appeal to a wider range of intermediaries in providing solutions they cannot find elsewhere. The Rockstar Range of mortgages is our first launch in this next evolution of the Private Label brand.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of Invest for Property. The information provided on Invest for Property is intended for informational purposes only. Invest for Property is not liable for any financial losses incurred. Conduct your own research by contacting financial experts before making any investment decisions.

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