Gatehouse is a Shariah compliant bank which does not invest in industries or participate in activities related to gambling, alcohol, tobacco and arms, amongst others.
TMA has added Gatehouse Bank to its lender panel.
As such TMA members will have immediate access to Gatehouse’s range of buy-to-let solutions and home purchase plans which are available to UK, ex-pat and international residents.
Gatehouse is a Shariah compliant bank which does not invest in industries or participate in activities related to gambling, alcohol, tobacco and arms, amongst others.
Lisa Martin, development director at TMA, said: “At TMA, we are committed to providing our advisers with top-quality solutions so that they are well-equipped to help different types of clients, ranging from those with complex income scenarios to property investors based outside of the UK.
"Our decision to partner with Gatehouse Bank is grounded on exactly that principle. With a limited number of Shariah-compliant banks operating in the UK market we are confident that with today’s partnership, more of our members will be able to support both their residential and landlord customers with the financing solutions they need and, ultimately, bolster their business.”
Additional highlights of the partnership include a dedicated team of business development managers and access to Gatehouse’s end-to-end online processing platform.
Roger Evans, director of home finance distribution at Gatehouse Bank, added: “Joining TMA’s panel is a natural extension of our distribution as we look to support more intermediaries with the products relevant to their growing client portfolios.
"We look forward to working with the club to provide more brokers with the tools they need in order to do a thorough job for their customers, all the while assisting a growing number of consumers with their housing aspirations.”