Sirius Private Clients will serve high-net-worth individuals looking for loans upward of £1m to be secured on UK properties. The team will source and arrange buy-to-let deals, residential and commercial mortgages and development and bridging loans.
Brightstar chief executive Rob Jupp said that while serving high-net-worth clients is not new to the firm, by setting up a team to focus on wealthy individuals it will allow them to offer personal level of service.
Sirius will be led by Brightstar’s commercial and development finance director Robert Collins (pictured) and will be based in London.
Collins, who has 25 years’ experience working in financial services, said: “The current property market, particularly in London, is in a state of flux as new tax rules and Brexit take effect. We feel that the time is right to offer this specialist service as clients and intermediaries look for the best funding solutions in this changing market.”
In June, the firm’s newly-developed specialist lending sourcing tool and CRM system, EasySource, went live offering brokers the opportunity to receive automated case updates, an audit trail to satisfy compliance needs and evidence of client research. The sourcing programme searches for specialist mortgages, buy to let, bridging loans, second charge mortgages and commercial finance.