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.”