The Islamic Bank of Britain has launched a Help to Buy backed HPP mortgage
HPP mortgages with only a 10% deposit are now being provided by the Islamic Bank of Britain and are fully sharia compliant.
The HPP Help to Buy scheme is similar to the Help to Buy mortgage scheme but it allows you to buy a home without making interest payments that are forbidden in Sharia law.
If you would like more information please click this link (it will take you to the Islamic Bank of Britain’s Help to Buy page).
October 2, 2014