When the building they rented suddenly went up for sale, Jacob’s Well Care Centre thought they would have no choice but to cut down on their staff, and the ways they serve their community. We spoke to Lorraine about how a Kingdom Bank mortgage has enabled them to buy the building, meaning they can continue and grow their work and ministries.
In the world of finance, finding the right place to save and steward your money can be a daunting task, especially for Christians seeking to align their financial choices with gospel values.
The concept of stewardship holds a significant place within Christian theology. To be a good steward is to responsibly and faithfully manage all the resources entrusted to us by God. It lies at the heart of the command given to Adam and Eve in Genesis to be fruitful, subdue the earth and rule over everything. As God’s image bearers they were to reflect the heart of a benevolent God to the world in a caring and wise way (Genesis 1:26-28). It’s a charge that carries on to us.
When it comes to managing money, Christians are called to go beyond practical tips and consider deeper, theological principles that reflect God’s perspective and nature. Embracing a mindset of stewardship rather than ownership can transform how we view and use our resources.
Here are five Christian financial principles that, we think, can change your life.
Kingdom Bank Limited is registered in England and Wales No. 4346834. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered Office: Media House, Padge Road, Beeston, Nottingham NG9 2RS. Our Financial Services Register number is 400972. View The Financial Services Register
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For personal mortgages our maximum mortgage is 4.5x your gross annual income subject to affordability. Buy-to-lets are assessed on the rent achieved from the property.
The ratio between the sum of money lent on a mortgage agreement and the value of the share of the security property owned by the customer, as confirmed by the Bank.
‘APRC’ stands for ‘Annual Percentage Rate of Charge’. Mortgage Lenders now have to include any mortgage related fees, redemption charges and valuation fees as part of the annual interest calculation when quoting an interest rate and this is referred to as the APRC.
A comprehensive assessment of income and expenditure both currently and in the foreseeable future.
