Murabaha Home Purchase Plans are currently only available to
Non-UK residents and for Buy to Let transactions.
The monthly cost of the Murabaha Home Purchase Plan may vary, depending
upon a number of factors including, the value of the property, the amount
of downpayment, the term of the payment and the Basic Rent. The Basic Rent is reviewed on 1st April
each year with new monthly payments commencing thereafter. This illustration does
not take into account the cost of the Building Insurance (where applicable)
We guarantee that the Basic Rent will not be more than 3.5% above the Bank's 12
month LIBOR (London InterBank Offered Rate) at the time of recalculation. Any change
in the Basic Rent (either up or down) will be notified in writing to you.
Please be aware that the information provided to you by the calculator is
provided for information only, and subject to change at the Banks discretion.
Any calculations made by the calculator should not be treated as an offer,
promise, investment, legal or tax advice, nor is it to be relied on in making
an investment or other decision.
To ensure you have the most up to date information available, we would be happy
to provide you with a detailed illustration, please contact our freephone helpline
on 0800 783 3323.
In addition to these monthly payments please remember there are additional non
refundable costs in setting up your home purchase plan, details of which can be
found in our Payment Tariff Leaflet.
Click here
to download our Payment Tariff Leaflet.