The Right Mortgage & Protection Network (TRM) has announced the addition of Gatehouse Bank to its panel.
As of today, TRM advisers will now have access to Gatehouse Bank’s Shariah-compliant home finance products, including residential Home Purchase Plans (HPP) and buy-to-let products.
Gatehouse Bank’s HPPs are structured using a rental payment model rather than interest-based lending.
The bank provides property finance for UK residents, UK expats and international homebuyers and landlords, across both residential and buy-to-let markets.
Products are available with defined finance-to-value (FTV) limits and rental calculation criteria, with applications assessed in line with the Bank’s published financing criteria.
Victoria Clark, head of lending at The Right Mortgage & Protection Network, said: “We are very pleased to welcome Gatehouse Bank to our panel. Expanding the range of specialist finance options available to our advisers is a key priority, particularly as client needs continue to evolve.
“Gatehouse Bank brings a unique proposition to the market, combining ethical finance with a strong focus on flexibility and specialist support.
“This partnership will provide our member firms with even more options when seeking to place Shariah-compliant business, helping them to deliver positive outcomes for a diverse range of clients.”
Lottie Dougill, head of home finance distributions at Gatehouse Bank, added: “We are delighted to have partnered with The Right Mortgage & Protection Network, which is a well-established player in the intermediary market.
“We look forward to working closely with TRM’s advisers to broaden the range of alternative finance options available for brokers and their clients.”