The Envelop Network adds Gatehouse Bank to panel
The Envelop Network has announced the addition of Gatehouse Bank to its panel.
This panel addition will provide Envelop Network members with access to Gatehouse Bank’s range of competitive buy-to-let and home purchase plans, which are sometimes referred to as “Islamic mortgages”. These are available to UK residents, UK expats and international residents, including customers who are employed, self-employed or contractors.
Founded in 2007, Gatehouse Bank has offices in London, Milton Keynes and Wilmslow. The Shariah-compliant challenger bank has also invested in three Build to Rent ventures since November 2014, creating thousands of new homes across the UK.
Originally launched in February 2021 as the F4B Network, the Envelop Network was renamed in September 2022 as part of an extensive rebrand by parent company Envelop (formerly First 4 Bridging), one of the UK’s leading distributors.
The number of appointed representatives (ARs) affiliated with the Envelop Network has grown steadily since its launch in February 2021. The network is now closing in on 150 AR members.
The Envelop Network continues to assemble a wide-ranging panel consisting of mainstream, buy-to-let, specialist, short-term and later life finance providers. It also offers access to an array of protection and GI providers, full compliance support and a tech package consisting of features such as remote file checking, CRM system, research tools and a comprehensive PI insurance package.
Steve Swyny, Commercial Director at F4B Network, commented: “With demand for ethical-led financial support rising rapidly amongst people of all faiths, it’s vital that we support our ARs by delivering access to a range of solutions and product types which meet the ever-changing needs of their new and existing clients.
“There are several key differences between Shariah-compliant residential property finance and conventional property finance, and we look forward to working closely with the team at Gatehouse Bank to help educate our advisers and their clients on this important and growing area of the home finance market.”
Lottie Clayton, Head of Intermediary Sales at Gatehouse Bank, added: “We are delighted to have partnered with The Envelop Network, which has enabled us to support its broker members by providing access to Gatehouse Bank’s competitive products. We are looking forward to our continued collaboration as we aim to both educate and raise further awareness of our competitive and flexible buy-to-let and home purchase plans.”