The Bank has also reduced rates on selected two-year buy-to-let products for UK expats and international residents.
The Bank has also reduced rates on selected two-year buy-to-let products for UK expats and international residents.
The changes apply across two and five-year fixed terms for both homebuyers and landlords.
Previously, the Bank required customers who were buying a property in this way to contribute a minimum 5% deposit from their own personal funds.
The lender has partnered with Finvise to provide faster home finance valuations for UK customers.
The addition gives The Right Mortgage & Protection Network’s advisers access to Shariah-compliant home finance products.
The new lender is the sister company of Gatehouse Bank.
Customers can now apply for residential property finance up to six times their gross income.
The rate reductions span products for UK expats and international residents.
Lottie Dougill, head of home finance distributions at Gatehouse Bank, highlights the differences between Home Purchase Plans and conventional mortgage products, as well as why these...
Rates now start at 4.15% for UK expats and 4.16% for international residents.
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