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Home Purchase Plans (HPP)

About HPP

Welcome to our Sharia Compliant Home Purchase Plans page, where we provide valuable information about this unique and Halal financing option in the UK. We are a sharia compliant finance brokerage that is dedicated to providing our clients with the best possible advice and solutions, and we understand that buying a home is one of the most significant financial decisions you will ever make. Home Purchase Plans are designed to help you buy your home or investment property without compromising on your religious values, and we are here to guide you through the process every step of the way.

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A Sharia Compliant Home Purchase Plan is a Halal alternative to traditional mortgage financing. Unlike conventional mortgages, Home Purchase Plans are based on the principles of co-ownership, where you and the finance provider jointly purchase the property, with each party owning a proportionate share. This means that there is no interest charged on the finance, which is in compliance with Islamic principles.

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At our sharia compliant finance brokerage, we work with leading providers of Home Purchase Plans in the UK. We offer a wide range of options to suit your needs, whether you are a first-time buyer, a home mover, or looking to remortgage. Our team of experts will guide you through the process, from initial consultation to completion, to ensure that you fully understand the product and the process.

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Home Purchase Plans come with a range of benefits, including fixed monthly payments, flexible payment terms, and the ability to make additional payments without any penalty charges. Additionally, the HPP products are vetted by Sharia complaint boards and scholars and fully compliant with Sharia principles, giving you peace of mind that your finance is ethically and legally sound.

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We can also support Expats - British Nationals who are living abroad, as well as Buy to Let / Commercial property investment purchases or refinances. 

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At our Islamic Home Finance, we are committed to providing our clients with the best possible advice and solutions for their financial needs. Sharia Compliant Home Purchase Plans are an excellent option for those looking to buy a home without compromising their religious values. With our expert guidance and support, you can be confident in your decision to choose a Home Purchase Plan that is right for you. Contact us today to learn more about how we can help you achieve your homeownership goals while staying true to your values.

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  • A Shariah - Compliant alternative to traditional mortgages

  • Pay rent not interest

  • Green Finance options for finance upto £5M

  • Minimum finance £75,000 upto a maximum of £5M

  • Acquisition and Rent over 2 or 5 year fixed terms

  • Employed, Self Employed, Locums and Contractors

  • New Build Flats & Houses

  • Ethical Home finance available for UK Residents, UK Expats & International Residents

Upto 6.5x income​

Supporting First Time Buyers afford more

90% Finance to Value

Starting with as little as a 10% deposit

Upto 40 year term

Maximising first time buyer affordability and budget

1 year Self Employed

For all standard applications with incomes above £50k

Multiple Incomes accepted

Overtime, Bonus, Commission and second jobs accepted

Gifted Deposits Accepted

Help towards the deposit from parents, family and friends

Flexible Residency Status

 Permanent Rights to Reside may not be required

Upto 4 applicants

Use more than 2 incomes on a case by case basis

Home Purchase Plan Highlights

Halal

Our brokerage does not provide advice on conventional mortgage products that involve interest (Riba), as they are not in compliance with the principles outlined in the Qur’an and Hadith. We strive to provide our clients with financial solutions that align with their religious beliefs and values.

Independence

Being an independent adviser means we can offer unbiased and personalised financial advice, tailored to your individual needs. We have access to a wide range of products from the whole market who are Sharia Compliant lenders, ensuring you get the best possible options for your financial goals.

Exclusivity

As one of the select few firms in the UK with the expertise to advise on Home Purchase Plans, we are proud to be recognised as key partners with the top Sharia-compliant lenders. Our unparalleled specialist advice and strong relationships with these lenders allow us to offer our clients unique financial solutions tailored to their specific needs. 

CONTACT US

Islamic Home Finance is a trading style of The Introducing Broker Finance Hub Ltd

Unit 4 Cumbrian House, 217 Marsh Wall, Canary Wharf, London, E14 9FJ

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Telephone: 020 3962 5000

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Privacy Notice              Cookie Policy               Accessibility Statement

 

Islamic Home Finance is a trading name of The Introducing Broker Finance Hub Ltd which is Authorised and regulated by the Financial Conduct Authority 1015383. You can visit The FCA Register by clicking here. 

 

The FCA does not regulate business buy to lets and commercial mortgages to limited companies. Registered in England ( Co. No. 08893575) with registered office at 39 High Street, Orpington, BR6 0JE and trading address of Unit 4 Cumbrian House, 217 Marsh Wall, Canary Wharf, London, E14 9FJ. 

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We always aim to provide a high quality service to all our clients. However, if you encounter any problems and we are unable to resolve them you can take your complaint to an independent ombudsman. You can visit the Ombudsman website by clicking here

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Please make borrowing decisions carefully, your home or property may be repossessed if you cannot keep up agreed repayments on any loan or mortgage secured on that property.

 

As with all insurances, conditions and exclusions will apply. We are a credit broker, not a lender.

 

There will be a fee for mortgage advice. Our fee structure ranges from £495 – £1495 depending on individual circumstances and lending scenario, please request a terms of business for full details. However, we will discuss and agree a fee with you prior to submitting any application. 

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Our privacy notice provides information on how we and any of our subsidiaries, and any 3rd party providers collect, use, secure, transfer and share your information. Islamic Home Finance is a mortgage and insurance intermediary firm and we will collect information directly from you. We are required to enter your details onto our mortgage network systems. Details of their privacy notice can be found at www.tibfinancehub.com

 

The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.

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