Manchester Building Society joins Brightstar panel
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Specialist distributor Brightstar Financial has added Manchester Building Society to its first charge lender panel.
Brightstar will work closely with the mutual to offer a case by case approach to individual underwriting and those set to be targeted include borrowers with less than three-years accounts, unusual property types or being employed on a contract basis.
Rob Jupp, managing director at Brightstar, says the difficulty in placing quality business with mainstream residential lenders is often infuriating.
“We are confident that the Manchester’s cogent approach to lending will provide assistance to a number of our clients, in turn producing additional income for mortgage intermediaries.”
Chris Mitton, market relationship manager at Manchester Building Society, says: “Our underwriting assessments are based on our common sense culture and we are committed to providing finance to clients with sound covenants at sensible pricing.”
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Readers' comments (2)
Anonymous | 6 Jan 2012 4:17 pm
Why would you go to a so called specialist and get less commission when you can just go direct ??
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Steve Hunt | 6 Jan 2012 5:20 pm
What an unusually ignorant comment from anon. If you can go direct then do it but in my experience some of these deals aren't available in the same way as they won't be to certain networks. Any new schemes and people trying to innovate should be congratulated and not criticised. Well done Manchester and Brightstar!
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