Shariah-compliant provider joins Knowledge Bank

Published on

Gatehouse Bank’s products are now available on the Knowledge Bank platform.

Gatehouse provides Shariah-compliant mortgage alternatives in the form of Buy-to-Let Purchase Plans and Home Purchase Plans. These are open to UK residents, UK expats and international residents with initial rental rates fixed over two-year and five-year terms.

The Bank’s Buy-to-Let Purchase Plans for landlords are available for individuals or those operating through company structures, and these cover Multi-Unit Freehold Blocks, as well as portfolios.

Roger Evans, director of home finance distribution at Gatehouse Bank, said: “Gatehouse is going to be able to reach thousands more brokers through Knowledge Bank and further raise awareness of our competitive and flexible Buy-to-Let and Home Finance Plans. Since launching our home finance offering in 2018, we have seen significant demand for our services with customers attracted to our human underwriting approach.”

Nicola Firth, CEO of Knowledge Bank, added: “Shariah-compliant mortgage alternatives have never been more popular, and brokers are increasingly interested to see how products in this space stack up against traditional home finance. The Home Purchase Plan and Buy-to-Let ranges from Gatehouse are a welcome addition to the database.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...

FCA finds protection market delivering good outcomes, says TPFG

The Property Franchise Group PLC (TPFG) has responded to the publication of the Financial...

Conditional selling remains industry flashpoint as enforcement lags

Conditional selling remains one of the most persistent and contentious issues facing the UK...

Latest publication

Other news

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...