Mortgage Help For Those Seeking An Islamic Mortgage Quote To Best Suit Their Circumstances
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Are Sharia mortgages for residential and commercial properties?
Commercial mortgages are availble via sharia lending subjected to the usual requirements and credibility of the business and your businesses ability to make the repayments. Most of the commercial lending is operated using the Murabaha principle, which is based on the UK concept of a Finance Lease where ownership of the asset transfers on the final payment. When applying for a sharia commercial mortgage you have the option of self certifying your businesses profits. Thus it is very convinient for those who are unable to validate their income. However checks for legality and the businesses ability to borrow will be administered. We will carry out an affordability assessment of your business prior to submission to the lenders. Those with poor credit may also be considered. Under a sharia commercial mortgage you could borrow up to 85% LTV subject to your particular circumstances. Most types of freehold property are acceptable for either purchase or remortgage.
Sharia Mortgages Frequently Asked Questions
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No information on this website is intended to constitute advice. This site contains a summary of the information relating to the products. If you are interested in any of the information on the site, you should seek information from us. We cannot guarantee that information will be accurate, complete and current at all times. All information on our Website is subject to change without notice.









