Islamic Bank of Britain launches Sharia compliant B2L mortgage alternative
The launch of Sharia compliant buy-to-let purchase plan has entered Islamic Bank of Britain into the buy-to-let mortgage market.
The IBB’s buy-to-let purchase plan can be accessed by landlords of any faith searching for ethical and Sharia compliant finance with a deposit of only 25%.
In order to mark the launch IBB have also announced a promotional procuration fee of 0.5% gross, payable on referrals that drawdown prior to March 31 2012.
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