Brightstar Financial has announced the launch of Sirius Private Clients, a new division that will concentrate on financing for high net worth residential and commercial real estate transactions.

The Sirius team, based at Brightstar’s City of London offices, will work with clients looking for financial arrangements of £1 million and upwards on UK properties through buy-to-let, residential and commercial mortgages, development and bridging loans.

The division is being led by director Robert Collins who also heads up the commercial and development finance team at Brightstar. He has over 25 years experience in the finance sector, has worked as a principal lender and as a commercial finance broker.

Collins (pictured) 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.”

Rob Jupp, chief executive officer of Brightstar, added: “Brightstar already deals with high net worth transactions, but this dedicated team based in London is able to offer a bespoke proposition to provide clients with a more personal level of service.

“After the launch of our EasySource system and invoice and asset finance arm, this has been an exciting year for everyone involved at Brightstar.”