Brightstar and Saffron launch 0.75pc bridge

Sarah Davidson

August 20, 2012

The building society has made £15m available to lend on the deal.

Kit Thompson, head of bridging and commercial sales at Brightstar, said: “This is a major step forward in the way in which bridging funds are marketed.”

Jon Hall, chief executive of Saffron, added: “This is a ground breaking arrangement where we are allocating a tranche of funds specifically for Brightstar’s intermediaries. Brightstar has the knowledge and market understanding to deliver these funds to the market and I know that introducers will appreciate the competitive and transparent nature of the product we have designed.”

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