Gatehouse Bank has boosted its online decision in principle options, making it available for UK expats and international residents.
The Shariah-compliant lender says the move will allow qualifying home purchase plan and buy-to-let customers to get a decision in principle in around ten minutes. This feature is already available to UK residents.
The facility is also available for landlords looking to finance houses in multiple occupation, multi-unit freehold blocks, or properties under a limited company name.
Once customers have obtained a decision in principle they will be prompted to upload supporting documentation through a secure platform, which will be reviewed by the bank’s direct adviser team ahead of any application calls.
Gatehouse Bank head of customer propositions Gemma Donnelly says: “Being able to independently obtain a decision in principle at a time that is convenient for them will substantially improve the customer journey, especially in instances where time difference is a factor.”
