Rates have reduced by up to 0.50%.

Naseer brings more than 20 years of experience within the banking and finance industry.

The changes include enhancements for UK expats and international residents.

Offa entered the buy-to-let market last year, adding to its existing bridging proposition.

In addition to the new 2 and 5-year products, the Shariah-compliant Bank has also made a number of changes to its lending criteria.

The Bank will originate £550 million of Shariah-compliant home finance for ColCap UK over an initial two-year term.

Offa has become the first British financial institution to buy an Islamic home finance book.

The Bank will now accept refinance applications on all buy-to-let and Home Purchase Plan products.

Gatehouse Bank has reinstated refinance facilities for its Sharia-compliant Home Purchase Plan (HPP) products available to both UK residents and UK expats.