Brightstar announces forthcoming ‘easysource’ sourcing system

Brightstar will be launching a sourcing system for intermediaries in September .

The system, known as ‘easysource’, already has a website where for brokers can pre-register for more information and be kept up to date with progress.

Available for products across Brightstar’s four key divisions intermediaries will be able to search for specialist residential and buy-to-let, second charge loans, bridging loans and commercial finance. Each case can then automatically proceed to a Decision in Principle (DIP).

Intermediaries will be able to download a list of information they need to complete to progress the case. They will also receive weekly updates on the case status so they can keep their clients updated.

Brightstar says is also looking into a reward scheme for intermediaries “linked to educational initiatives”.

Rob Jupp (pictured), managing director of Brightstar, said: “This sourcing system will be a game changer in the UK specialist lending sector.  As the specialist market continues to expand in line with the changing needs of borrowers, the number of products is increasing almost weekly in every loan type from mortgages to second charges to commercial and bridging.

“It is my opinion that without a platform like easysource to display a whole range of client options, advice could be given to the detriment of the client.”