Gatehouse launches residential property finance offering
LONDON, 5 April, 2016: Gatehouse Bank plc (“Gatehouse”), the London-based investment bank, is pleased to announce its entry into the residential property finance market. With a focus on greater London, Gatehouse will offer Shariah-compliant financing solutions for clients seeking to acquire or refinance residential properties.
This new product builds upon Gatehouse’s established track record and expertise in real estate, and was developed following strong client demand for residential property finance solutions. Gatehouse will offer clients bespoke property finance products, from simple single residential investment finance to more complex company structures including property portfolio and short lease finance.
Hanan Al-Najjar, Head of Wealth Management at Gatehouse said, “The launch of our new residential property finance offering presents a significant opportunity for our clients as they seek to benefit from the growing demand of London residential property and the attractive income streams it provides. Our bespoke client service offering combined with Gatehouse’s industry expertise will enable us to become a partner of choice for residential property finance.”
Abdulaziz AlDuweesh, Chief Investment Officer of Gatehouse commented, “There are significant opportunities to grow Gatehouse’s presence in this market and our experienced team of real estate finance professionals will play a key role in the development of the business.
Today’s announcement further underlines our strategy of providing bespoke investment solutions for our distinguished clients.”
UK challenger bank, Gatehouse Bank, has announced the launch of a new direct finance team as it continues its growth strategy.
UK challenger bank, Gatehouse Bank, today announced the formal launch of its Shariah-compliant home finance platform, based on the state-of-the-art ‘Apprivo2’ technology developed by financial services software provider, BEP Systems.
- 1 and 2 Year fixed-term savings rates from challengers over 1% higher than high street on average
- Challengers beat high street instant access accounts by 0.85% on average
- Research by Gatehouse Bank highlights the gulf between challengers and established players