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Gatehouse resumes home buying plans with higher limits

Gatehouse Bank has rebooted its two- and five-year regular home buying plan, with high financial-to-value restrictions.

The Sharia-compliant lender says this includes up to 95% FTV Home Buying Planning products for first-time buyers and home movers looking for up to £600,000 from UK residents.

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For customers considering buying or refinancing properties worth up to £750,000, the lender has rebooted their home buying plans with a FTV limit of 90%.

Bank home buying plans with 95% FTV limits are available in new build houses, with 90% FTV limits applied to new build flats.

Business points out that this pre-reboot maximum FTV limit is 80%.

“We are pleased to announce that we are committed to providing a range of customer support services,” said Gemma Donnelly, Gatehouse Bank's customer proposal head.

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