Private Label has launched its ‘Rockstar’ range of mortgage products.
It claims the deals are designed for individuals “who are talented, stand out, and defy conventional norms”.
Features of the range include interest-only lending up to 90% LTV, including into retirement, and flexibility regarding self-employment and complex income, with criteria that accepts professional individuals with less than 12 months’ trading history and other scenarios that frequently apply to affluent professional borrowers.
The Rockstar range will also consider foreign nationals with less than 12 months in the UK, and will accommodate large loans exceeding £5m.
Brokers can access the Rockstar range by contacting Brightstar Financial, who have a dedicated Private Label team.
Paul Brett (pictured), project lead at Private Finance, said: “We’re really excited about this new chapter and believe that Private Label will appeal to a wider range of intermediaries in providing solutions they can’t find elsewhere. The Rockstar range of mortgages is our first launch in this next evolution of the Private Label brand.”
Bradley Moore, Brightstar group deputy CEO, added: “We have never been shy of innovating and this next tranche of lending for Private Label is a return to ‘true exclusivity’ with the end goal being to assist even more borrowers with complex scenarios.”
