The product, available from Tiuta is available up to 70 per cent LTV but restricted to within the M25.
Rob Jupp, managing director of Brightstar, said: “What a fantastic product for us to be able to start trading with. Brokers in London should love this but please be assured that we aren’t a London centric business and we have many, many products for our brokers outside of the capital.”
Guy Garrard, head of business development at Tiuta, added: “A mainstream London bridging product with rates from 0.89% and the launch of Brightstar Financial makes the 31st January an excellent day for the intermediary. Tiuta is delighted to be working with Rob and his team and we are looking forward to making further product announcements for 2011 as our outlook continues to be upbeat.”
