x
By using this website, you agree to our use of cookies to enhance your experience.
STAY CONNECTED!
    
newsletter-button
CORONAVIRUS UPDATE

See the latest Coronavirus statistics from across the world on our world map SEE MAP UK Confirmed cases: 261,184 | UK Deaths: 36,914 SEE MAP Italy Confirmed cases: 230,158 | Italy Deaths: 32,877 | Italy Recovered: 141,981 SEE MAP Spain Confirmed cases: 235,400 | Spain Deaths: 26,834 | Spain Recovered: 150,376 SEE MAP See the latest Coronavirus statistics from across the world on our world map SEE MAP UK Confirmed cases: 261,184 | UK Deaths: 36,914 SEE MAP Italy Confirmed cases: 230,158 | Italy Deaths: 32,877 | Italy Recovered: 141,981 SEE MAP Spain Confirmed cases: 235,400 | Spain Deaths: 26,834 | Spain Recovered: 150,376 SEE MAP

TODAY'S OTHER NEWS

Al Rayan Bank increases FTV on selected buy-to-let mortgage products

Al Rayan Bank has increased its finance-to-value (FTV) on select buy-to-let mortgage products.

The lender’s two-year discount at 3.74%  has had its FTV from 75% to 80%, while there is also a fixed rate of 3.84% at 80% FTV. 

In addition, Al Rayan Bank, which uses the Islamic finance principles of co-ownership with leasing, is offering a discounted variable rental rate of 3.99% and fixed rate of 4.09% available expats. 

Maisam Fazal, chief commercial officer at Al Rayan Bank, commented: “With this latest product extension, the possibility of purchasing a buy-to-let property has been made more widely available.

“We’re continually striving to offer a full range of Sharia compliant best-in-class products to our customers of all faiths and none and this is the latest offering in our award-winning products.”

icon

Please login to comment

Zero Deposit Zero Deposit Zero Deposit
sign up