Trafalgar Square Overseas Ltd has access to mortgage products compliant with Sharia Law. These products are available for Residential Mortgages and Investment Mortgages.
These home purchase plans use the Islamic financing method of “Ijara” and work on the principle of "Leasing" or "Lease to own". This means that no interest in charged by the lender and no interest is ever paid by you.
Product details are as follows:
Tracker rate of Libor + 2.75%
Up 83% Loan to Value on new purchase / 75% Buy to Let
Ability to move your current mortgage to an Islamic compliant mortgage
Available to Employed and Self Employed
Available to Non UK residents
25 year term available
For more details please contact us on 0208 870 8787 or via email info@trafalgarsqoverseas.co.uk.