Private Label has introduced the next stage of the recently launched mortgage lending brand, with its new ‘Rockstar Range’ of products.
The range includes interest-only lending up to 90% loan-to-value (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.
The Rockstar Range will also consider foreign nationals with less than 12 months in the UK, and will accommodate large loans exceeding £5m.
Private Label provides tailored solutions and customised pricing based on individual risk assessments.
The brand has an exclusive panel of strategic partnerships with lenders that will prioritise Private Label applications for loans of £500,000 or more.
Brokers can access the Rockstar Range by contacting Brightstar Financial, which has 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.”
