New products are a 60% finance-to-value product with a 3-year fixed rate of 3.49% or a discounted variable rental rate of 3.29%, and a 70% LTV FTB mortgage with a 3-year fixed rate of 3.79% and a discounted rate of 3.59%.
Other home purchase plan products are an 80% and 90% finance to value product with a 3-year fixed rate of 4.19% or 4.99%.
Islamic versions of mortgages are structured so customers and the bank buy the property together than the customer pays rent on the banks share.
