Rosemount Financial Solutions has added Islamic finance supplier Offa to the mortgage and monetary planning community’s lender panel.
As a results of the deal, Rosemount members can have entry to the fintech’s vary of Sharia-compliant property finance merchandise.
Offa gained authorisation from the Financial Conduct Authority to supply house buy plans within the UK in March.
In latest months, Rosemount has expanded its lender panel, including Atom financial institution, MFS, Redwood Bank, Norton Home Loans, Moda Mortgages and CHL Mortgages.
Rosemount Financial Solutions chief government Ahmed Bawa says: “Offa is bringing a brand new, Sharia-compliant method to the market, catering for each buyers and residential consumers who want quick finance selections and a paperless software course of.
“As a community, we’re decided to maintain increasing the vary of choices out there to our advisers, giving all of them the instruments they should ship for his or her shoppers no matter their state of affairs.”
Offa group chief industrial officer and managing director of house finance Sagheer Malik provides: “Offa is on a mission to rework the historically old school and cumbersome world of Islamic property finance and convey it into the twenty first century, and dealing with a well-established mortgage community similar to Rosemount is one other vital a part of our journey.”
