Tech provider Mortgage Brain has added Gatehouse Bank to its Sourcing Brain and Criteria Brain platforms.
The move will provide brokers with access to Gatehouse Bank’s range of Shariah-compliant property purchase products.
Research from Gatehouse Bank’s 2024 Islamic and Ethical Finance Consumer report found that 88% of UK consumers of the Muslim faith would consider switching to an Islamic finance provider, as would 30% consumers not of the Muslim faith.
The latest partnership means that Gatehouse Bank’s home purchase plans and buy-to-let purchase plans – which are offered to UK residents, UK expats and international homebuyers and landlords – will now be available to source via Mortgage Brain’s newly updated Sourcing Brain platform.
Brokers will also have access to the criteria for these products via Criteria Brain, providing property buyers with greater certainty about their application earlier in the process.
Head of customer propositions at Gatehouse Bank, Gemma Donnelly, commented: “We’re delighted to be partnering with a leading technology provider such as Mortgage Brain to offer brokers even greater access to our range of home finance products.
“This collaboration will allow us to connect with UK brokers and better support them in addressing the diverse needs of their clients, both in the UK and overseas, who are seeking Shariah-compliant home finance solutions.”
Sales and marketing director at Mortgage Brain, Neil Wyatt, added: “The inclusion of Gatehouse Bank, known for providing an alternative way of buying a home for those who want to bank differently, enriches our platforms, offering our community of over 15,000 intermediaries even greater access to valuable home finance solutions.”
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