This allows for refinance applications on all products with a finance-to-value (FTV) of up to 90% and also applies to the Bank’s green home finance products. Gatehouse offers a reduced rental rate for customers acquiring or refinancing a property with an EPC rating of A or B and also offsets the carbon emissions generated by the average UK property for as long as the customer remains with the Bank with a qualifying property.
As part of these product updates, Gatehouse Bank has also returned to offering its home finance products to residents of China and Hong Kong.
John Mace, Senior Product Manager at Gatehouse Bank, commented:
“We’re pleased to be reinstating refinancing on our range of Home Purchase Plans for UK residents and UK expats, which will allow us to help more people achieve their financial goals.
“Gatehouse Bank is one of the few UK providers offering home finance for applicants based in China and Hong Kong, which is a significant step in broadening our customer base.”
