Mutual consent and convenience

With our Islamic Buy to Let facility, you benefit from a convenient monthly payment scheme that complies with Shari'ah law while offering attractive rates and fees.

A Buy to Let facility enables you to purchase a property which you then let to private residential tenants. Like our Personal Home Purchase Plan facility, our Buy to Let facility also complies with the Shari'ah law.

Under the agreement, you are able to increase your share in your chosen property each month. We also offer you attractive rates, quick processing and competitive fees. Rent is only charged on our share of the property and there are no early payment charges, helping you to keep your Buy to Let costs in check.

And once you have made all acquisition payments and the facility has been settled, we transfer ownership of the property to you.

Good For

  • You are a landlord of a small portfolio of 4 or less properties and you wish to let the property to a private residential third party
  • You wish to purchase the property in accordance with Shari'ah principles

Not Good If

  • You wish to occupy the property you are purchasing

Our Ameen Islamic Buy To Let Mortgage Alternative offers landlords of small property portfolios (4 or less properties) a Shari'ah compliant facility to finance a property purchase that is intended to be rented to a private residential third party. You'll benefit from a quick and simple application process and a dedicated Community Relationship Manager to support you through the purchase.

  • Fully Shari'ah compliant*
  • Competitive rates and low fees
  • Quick and simple application process
  • Support from a single, named point of contact
  • No early repayment charges

*The Shari'ah compliance of this product has been authorised by Mufti Barkatulla Abdul Kadir, former Senior Imam of North Finchley Mosque. Mufti Barkatulla is a Shari'ah Judge on the Islamic Shari'ah Council.

 

YOU MAY LOSE YOUR PROPERTY IF YOU DO NOT KEEP UP WITH EITHER THE RENTAL OR ACQUISITION PAYMENTS.

More Information

  • What are the rental rates

    The rental rates will depend on the Fund To Value (FTV) amount. 

      FTV Rental Rate Minimum Finance Amount Administration Fee Early Repayment Charges More Information
    Islamic Buy To Let Purchase Plan (Individual) - UK Resident - Variable 70% 4.10% Variable £75,000 minimum finance amount 0.50% of the finance amount No ERC Get In Touch
    Islamic Buy To Let Purchase Plan (Individual) - UK Resident - Variable 60%% 3.75% Variable £75,000 minimum finance amount 0.50% of the finance amount No ERC Get In Touch
    Islamic Buy To Let Purchase Plan - Non Resident - Variable 60% 4.50% Variable £75,000 minimum finance amount 0.50% of the finance amount No ERC Get In Touch
    Islamic Buy To Let Purchase Plan - Non Resident - Variable 50% 4.15% Variable £75,000 minimum finance amount 0.50% of the finance amount No ERC Get In Touch
  • What is the minimum finance amount?

    The minimum finance amount is £75,000

  • How can I submit an application or make an introduction for an Islamic Buy To Let Purchase Plan?

    UBL UK will need to assess your suitability to introduce or package Islamic Buy To Let Purchase Plan Facilities. 

    To request a call back, please contact our Intermediary on 0121 753 6000 Monday to Friday from 9:15am to 5:15pm. 

    Alternatively, please complete the Enquiry Form and a member of the team will be in touch.

Visit a Branch

Visit a Branch

To enquire about registering to become and introducer or packager of UBL UK Islamic Home Finance Facilities, please use the Branch Finder to locate your nearest UBL UK branch.

Online

Online

Please complete our online Enquiry Form and a member of the Intermediaries Team will be in touch.