The fundraising milestone was reached at 7.12pm on 3rd December following an anonymous donation of £1,500.
The total amount raised by the event, including Gift Aid, stands at more than £103,000 at the time of writing.
The Mortgage Sleep Out took place last Friday (30th November), with more than 1,000 people from over 70 businesses spending the night sleeping on the streets at over 35 events across the country.
“When we first started planning Mortgage Sleep Out, we set our sights high with an extremely ambitious target of £100,000 and I am completely overwhelmed that so many heroes have come together and delivered such a Herculean effort,” said Rob Jupp, CEO at Brightstar Financial.
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“It means that we are helping EYH to provide over 4,000 days of support for homeless young people across the UK.”
Rob added that the fundraising was not done yet. “Every extra £25 puts a roof over a young person’s head for a day, giving them the healthcare, education and employment they need to turn their lives around.
“The JustGiving page is still open and our musical heroes Mortgage Industry Collective (MIC) will be releasing their charity single ‘Take Me Home’ in the next few days.
“Let’s see how much more we can raise to help eradicate homelessness.”