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L&G Mortgage Club adds Shariah-compliant lender Gatehouse

Liz Bury
Written By:
Posted:
June 18, 2019
Updated:
June 18, 2019

Legal & General Mortgage Club has added Shariah-compliant lender Gatehouse Bank to its panel in an enhancement to its range of alternative finance.

 

Gatehouse provides buy-to-let and home purchase finance for UK residents and companies, expats and international residents looking to acquire or refinance property in England and Wales.

It offers Shariah-compliant products where customers buy properties jointly with the bank, paying rental on the portion they do not yet own.

“Sharia-compliant finance is growing in the UK and we are seeing increased demand from customers,” said Roger Evans, Gatehouse director of home finance distribution (pictured).

L&G Club head of lender relationships Danny Belton added: “We’re committed to providing alternative financing solutions and to working with Gatehouse to help a growing number of customers secure the finance they need.”

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