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Secure Trust signs deal with Brightstar and MAB

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  • 06/04/2017
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Secure Trust signs deal with Brightstar and MAB
Secure Trust Bank is making its mortgages available through Brightstar Financial, but the route is limited to Mortgage Advice Bureau (MAB) brokers.

Brokers who are members of MAB can still go direct to Secure Trust.

Brightstar will offer the full range of Secure Trust Bank residential products, which have been developed to support individuals who are underserved by the high street lenders.

This includes the self-employed, contract workers and those with complex incomes or who have experienced a credit blip.

Last month Mortgage Solutions exclusively revealed Secure Trust’s entry into the market and its openness to negotiation with brokers over the strength of a case.

 

Complex cases

Secure Trust Bank Mortgages head of sales and marketing Tony Hall (pictured) said: “Brightstar was the ideal partner for us as they are committed to helping clients with complex cases that may be difficult to place with mainstream lenders.

“The Brightstar team have been through thorough training with one of our senior underwriters on criteria and lending policy.

“This means they are now well placed to support Mortgage Advice Bureau members in offering assistance and specialist knowledge to help find the right mortgage for their clients.”

Brightstar Financial head of residential mortgages Gina Blagden added: “Secure Trust Bank is taking the human approach to underwriting, empowering brokers by providing them with the opportunity to speak to decision makers before a case is submitted.

“Pairing this with flexible criteria and a real appetite to lend will help ensure that a strong case never gets ignored.

“We’re really looking forward to working together as the lender makes headway in the UK mortgage market,” she said.

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