IBB Online Referral Service

Home Purchase Plan - The Mortgage Alternative

Islamic Bank of Britain (IBB) is the first stand-alone, Sharia compliant, retail bank in the UK to be authorised by the Financial Services Authority. Their aim is to provide a friendly, inclusive and personal service for all of their customers.

If you do not hold Home Purchase Plan permissions, you are able to refer your client to IBB who will write the business for you and pay you a procuration fee.


Who may consider Islamic finance?

• Muslim clients
• Clients who are looking for ethical banking
• Clients who want flexibility - no ERC's
• Clients who would look to utilise the lump sum reduction facility without penalty
• Large families with multiple incomes who want to purchase and live in a property together - up to 4 applicants
• Clients refinancing who do not want to pay high fee's - only £299

How do I refer?

• Simply print out the Broker Registration Form, fill in and return to the address below
• You will also need to complete an Introducer Agreement.
• Complete the short online form at www.ibbintermediaries.com for each referral.
  

Intermediaries Team
Islamic Bank of Britain PLC
Edgbaston House
3 Duchess Place, Hagley Road
Birmingham, B16 8NH

Telephone enquiries: 0121 456 7842

Procuration fee

Gross - 0.20%
Net - 0.18%

For more information, please visit www.ibbintermediaries.com