Gatehouse Bank: New Shariah Compliant green home finance products

The new products are the first Shariah Compliant green home finance products to be launched and will support our position as an ethical bank and commitment to the UN Principles for Responsible Banking,

The Green Home Finance product highlights include:

  1. All UK resident Home Purchase Plan (HPP) and UK Buy-to-Let (BTL) products in our range up to £500K of finance are included, together with higher Finance to Value (FTV) HPP up to 95% and BTL including Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBs).
  2. The Green option is available to first time buyers, home movers and those refinancing.
  3. Homebuyers and Landlords must have a valid A or B Energy Performance Certificate (EPC) rating for their property.
  4. The products are available to UK residents and the properties can be new build houses/flats, or existing properties that may have undergone energy efficient updating.
  5. The Green products have a reduced rental rate of 0.10% less than the standard rental rate for eligible properties.
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