From your first enquiry to your moving date, our home purchase plans work in a similar way to a conventional mortgage.
Why finance your home with us?
A home purchase plan offers you a Shariah-compliant alternative to a mainstream mortgage, with competitive rates and an ethical approach. You can use it just like a conventional mortgage to buy or refinance your home.
With a home purchase plan you buy the property jointly with us - your deposit is your stake, and we fund the rest. Once all your payments are made, you’ve bought us out, and the deed of the property transfers to you. You can sell any time, and there are no early payment charges.
Am I eligible?
Wherever you live, you can apply for home finance if you meet these criteria:
- Buying property in England or Wales
- Seeking finance of at least £40,000 (UK residents) / £75,000 (Expat/International residents)
- Minimum age 18 years (UK residents) / Minimum age 21 years (Expat/International residents)
- Earning at least £15,000 (UK residents) / £25,000 (Expat/International residents)
Here to help
To help answer all your questions, we have a comprehensive FAQ section. We also have some handy calculators you might find useful, along with details of all our products. Links to these pages can also be found below.
Get in touch
We have a team of experienced and qualified advisers on hand to help you every step of the way. We offer a full advice service and do not charge a fee for advice given. We’d love to hear from you - find out the different ways to get in touch.
Home purchase plans - the mortgage alternative
YOUR HOME MAY BE AT RISK IF YOU DO NOT KEEP UP THE PAYMENTS ON YOUR HOME PURCHASE PLAN.