Brightstar announces record results and new hires

By Bridging Loan Directory 17th July 2019

The Brightstar Group has announced a record breaking first half of the year, with written business increasing by 21% on H1 2018, turnover increasing by 17% and profit increasing by 15%.

In addition, the Brightstar Group has strengthened its Buy to Let division with the arrival of James Oakley and boosted its Commercial team, with the recruitment of Jordan Constanti. Brightstar is currently recruiting for a new National Account Manager to support the expanding distribution of the business.

Sirius Property Finance has also continued to grow, with turnover up in the first half of 2019 by 46% compared to the same period last year, and larger offices planned for both London and Manchester, with details to be announced in the future. This follows the recent appointment of Kimberley Gates as Head of Partnerships who will lead the development and marketing programme for the business.

On top of the commercial success and growth of the business in the first six months of the year, Brightstar has continued to be the most celebrated specialist distributor in the sector, with more than 70 awards to its name. Most notably, in February, Brightstar was named by The Sunday Times as the number one best small company to work for in the UK, and the best overall company in the East of England.

Rob Jupp, pictured, CEO at The Brightstar Group, said:

“It’s been a really incredible first six months to the year for Brightstar. We have continued to smash records in growing our business, relaunched our Private Label proposition and set new standards for an employer in our sector in The Sunday Times Best Company to Work For awards. And all this has been set against a market that has been dampened by the looming threat of Brexit. It’s a really great achievement and testament to the hard work and commitment of our team.

“We are in a strong position and looking forward to the future. We also haven’t ruled out any competitor acquisitions and are well placed to make the move if we feel it is right because of our prudent management.”