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Together and Brightstar complete remortgage in seven days
The client – who had recently bought a semi-detached house in Carmarthen, south Wales – needed the funding to carry out renovations.
She had purchased the property for cash just over three months earlier and intended to make improvements that would add long-term value to the property and pay off some existing debts.
However, she struggled to secure funding from mainstream providers as she had lived in the house for less than six months.
The client was then referred to Brightstar by her financial adviser, who took the case to Together.
Nick Jones, head of specialist distribution at Together (pictured above), said: “The fact that we managed to provide the funds in such a short timescale is testament to the hard work of our introducers, underwriters and our commonsense approach to mortgage lending.
“In this case, the customer hadn’t been aware of the options available to her, so it also highlights the value of talking to a good broker who will be able to explain all the different alternatives to would-be borrowers.”
Gina Blagden, head of residential mortgages at Brightstar, added: “We went to Together because the customer had owned the property for less than six months and some lenders won’t provide the funding needed in those circumstances.
“However, Together’s underwriting team looked into the details of the case and agreed to provide the full loan.
“The whole application process from underwriting to completion was a matter of days.
“It was great service from start to finish and the final outcome was a happy customer.”
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