Gatehouse Bank relaunches refinancing option for customers
Gatehouse Bank has reinstated refinance facilities for its Sharia-compliant Home Purchase Plan (HPP) products available to both UK residents and UK expats.

This allows for refinance applications on all products with a finance-to-value (FTV) of up to 90% and also applies to the Bank’s green home finance products. Gatehouse offers a reduced rental rate for customers acquiring or refinancing a property with an EPC rating of A or B and also offsets the carbon emissions generated by the average UK property for as long as the customer remains with the Bank with a qualifying property.
As part of these product updates, Gatehouse Bank has also returned to offering its home finance products to residents of China and Hong Kong.
John Mace, Senior Product Manager at Gatehouse Bank, commented:
“We’re pleased to be reinstating refinancing on our range of Home Purchase Plans for UK residents and UK expats, which will allow us to help more people achieve their financial goals.
“Gatehouse Bank is one of the few UK providers offering home finance for applicants based in China and Hong Kong, which is a significant step in broadening our customer base.”

Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Santander
Santander to acquire TSB in £2.65bn deal

Bank Of England
Bank of England issues first-of-its-kind fine of £11.9m

Regulation
Lenders urged to prepare for court ruling on commissions as motor finance complaints surge

Financial Conduct Authority
FCA moves ahead with targeted support in 'transformational' advice reforms

This week's biggest stories:
Santander
Santander to acquire TSB in £2.65bn deal

Bank Of England
Bank of England issues first-of-its-kind fine of £11.9m

Regulation
Lenders urged to prepare for court ruling on commissions as motor finance complaints surge

Financial Conduct Authority
FCA moves ahead with targeted support in 'transformational' advice reforms

Mortgages
FCA and PRA remove 15% LTI cap for mortgage lenders

GDP
August rate cut likely as GDP falls for second consecutive month
