Gatehouse Bank has announced the launch of its sharia-compliant home finance platform.
Based on the Apprivo2 technology developed by BEP Systems, the platform will enable intermediaries to process home finance and buy-to-let applications.
The platform uses cloud-based, mobile-ready technology and will be supported by a specialist team based at the bank's newly opened customer service centre in Milton Keynes.
Charles Haresnape, CEO at Gatehouse Bank (pictured above), said: “Our aim is to offer unrivalled service to brokers and their clients, whether that's for buy-to-let or our soon-to-launch homeowner finance product.
“We are delighted to partner with BEP Systems.”
Chris Little, managing director at BEP Systems, added: “Gatehouse Bank [is] set to become a major force within the huge growth sector that is sharia-compliant home finance, and the way we have built the Apprivo2 platform around their specific needs will hopefully make the journey ahead seamless — and effortlessly scalable.”
Gatehouse has announced that it plans to roll out its sharia-compliant homeowner finance through selected brokers in the near future.
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