From left to right, Khaled Al-Baijan (CEO of Gatehouse Capital), Abdulaziz Saud AlBader (Deputy Chairman of Gatehouse Financial Group), Fahed Boodai (Chairman of Gatehouse Bank), Charles Haresnape (CEO of Gatehouse Bank), Paul Stockwell (CCO of Gatehouse Bank)
Gatehouse Bank joined colleagues and guests at an Anniversary Reception in Kuwait on 14th March to celebrate three key milestones for Gatehouse Financial Group.
The Bank’s parent, Gatehouse Financial Group, is this year celebrating its fifth anniversary and the Bank’s sister company, Gatehouse Capital, celebrates its 20th Anniversary of offering full service real estate investment solutions. In add...
● Price of flats has dropped as much as 7.5% in the last 12 months
● Aberdeen showing the biggest discounts followed by St Albans (5.3%) and Middlesbrough (4.6%)
● Across the UK, the price of flats is going up nearly four times slower than houses1
A cooling property market means flat values are plummeting by more than 7% in some areas in a boon for first-time buyers trying to buy their first home, research by home finance provider Gatehouse Bank reveals1.
Significant price falls in specific areas, including key commuter towns, are presenting first-time buyers with opportunities to get on the property ladder.
Gatehouse Bank is today broadening the appeal of its home finance range with the launch of several new products.
The new products follow the introduction of the Bank’s first Home Purchase Plan (HPP) product — a Shariah-compliant alternative to a traditional mortgage — which was launched in December with a maximum Finance-to-Value (FTV) of 50%. Following the successful pilot, Gatehouse is launching a broader range of two year fixed term HPP products for UK home buyers with higher FTV brackets of 65% and 80% and available to all broker partners and directly from Gatehouse.
The Bank expects the new products to significantly increase the appeal of its offeri...