Gatehouse Bank has reinstated refinancing for buy-to-let (BTL) applications from UK residents, expats and international residents, as well as for Home Purchase Plan (HPP) products for international residents.
The bank will now accept refinance applications on all buy-to-let and HPP products, with a finance-to-value (FTV) of up to 80%, including the its Green Home Finance products.
Under its Green Home Finance proposition, Gatehouse offers a reduced rental rate for customers acquiring or refinancing a property with an Energy Performance Certificate (EPC) rating of A or B and offsets the carbon emissions generated by the average property for the product’s initial fixed term.
Gemma Donnelly, head of customer propositions at Gatehouse Bank, said: “We are pleased to be able to now support homebuyers and landlords looking to refinance properties across our entire range of home finance products.
“Ultimately, this means that Gatehouse Bank can help more customers seeking Shariah-compliant home finance for properties in England and Wales, whether they are based in the UK or overseas.”
