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?

We provide a range of property finance solutions for UK residents, UK Expats and International residents looking to purchase or refinance residential property across England and Wales.

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 acquire the property and the deed of the property transfers to you. You are free to sell the property any time, and there are no early payment charges. Any profit made on the sale is retained by you.

Our Home Purchase Plans

  • Available for customers who are employed, self-employed, contractors or temporary workers (terms apply)
  • Finance available up to:
    • 95% of the property value for UK resident first-time buyers only (terms apply)
    • 90% of the property value for UK residents seeking home purchase or refinance
    • 80% of the property value for UK Expats seeking home purchase or refinance
    • 75% of the property value for International residents seeking home purchase or refinance
  • Finance provided for:
    • Homes (including new build) up to 95% of the property value
    • New build flats up to 90% of the property value
  • We provide ‘Acquisition and Rent’ finance which is the Shariah-complaint alternative to a conventional repayment (capital & interest) mortgage
  • Gifted deposits are allowed from immediate family members including guardians, step relatives and adoptive parents
  • Up to 4.5 times income will be considered, subject to affordability
  • Finance available up to 95% of the property value up to £500,000, 80% up to £1m, and up to 70% of the property value up to £2.5m, over a maximum 35-year term
  • No early payment charges on any product

Am I eligible?

You can apply for home finance if you meet these criteria:

  • Buying property in England or Wales
  • Seeking finance of at least £100,000 and up to £2.5m
  • Minimum age 18 years (UK residents) / Minimum age 21 years (UK Expats / International residents). Maximum age at end of finance term 75 years or retirement age if earlier
  • Earning at least £15,000 (UK residents) or £20,000 (for products above 80% of the property value) / £25,000 (UK Expats / International residents)
  • A first-time buyer is defined as someone that has never owned or been party to finance on a property in the UK or elsewhere
  • All applicants must be able to read, speak and understand English to a level that they are fully aware of all obligations and requirements when entering any financing arrangement with the Bank
  • We will consider finance applications from applicants residing in over 150 different countries. For more details see our Home Finance Applications – Countries Checklist

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

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Our Calculators are here to help

How much finance can I have?

How much finance can I have?

Find out how much home finance you could have.

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How much will it cost me?

How much will it cost me?

Find out how much your monthly payments could be.

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What our customers are saying about us

A balanced approach to banking

From financing your home to looking after your savings, we're proud to take a balanced, Shariah-compliant approach. But what does that mean?


YOUR HOME MAY BE AT RISK IF YOU DO NOT KEEP UP THE PAYMENTS ON YOUR HOME PURCHASE PLAN.