New Street, which is part of The Northview Group, joins its sister brand Kensington on the Brilliant panel. Kensington is part of Brilliant’s direct to lender mortgage club and its products are available through its packaged distribution channel.
The addition follows the news earlier this week that New Street and Kensington have joined the MCI Mortgage Club.
Steve Griffiths, director of sales and distribution at The Northview Group said: “With so many changes in both the dynamics of the housing market and the structure of the mortgage lending industry, it is important to work with businesses like Brilliant that offer specialist expertise, whilst at the same time giving brokers the freedom to choose distribution channels.”
He added: “The New Street range of buy-to-let and let-to-buy products, feature high LTVs and intelligent credit criteria, and with faster decisions should appeal to Brilliant Solutions brokers, especially coupled with new lower rates starting from 1.59%.”
Matthew Arena, managing director of Brilliant Solutions (pictured), added: “New Street is a lender at the forefront of innovation in the specialist market and we welcome the positive changes that they bring in this field.
We look forward to helping them deliver their innovations to the broker community and ultimately to the UK’s borrowers.”