
What do Kingdom Bank need to see for a church or charity mortgage?
We spoke to Kirsty, our Church and Charity Lending Manager about what the Kingdom Bank Lending Team look for when assessing a mortgage application. Charity
We spoke to Kirsty, our Church and Charity Lending Manager about what the Kingdom Bank Lending Team look for when assessing a mortgage application. Charity
In the latest post in our ‘Meet the Team’ series we spoke with Jackie, one of our Personal Mortgage Advisors.
One of the main questions we get as a bank is “why?” Why go to the effort of changing bank? Why choose a slightly lower interest rate than I can get elsewhere? Why does my banking need to be explicitly ‘Christian’?
We spoke to Gareth and Jenny Skyrme about how their family were able to buy a home with the help of a Kingdom Bank mortgage, so that they can plant a new church in London.
We would love to share the story of your church, charity or organisation, and how Kingdom Bank has partnered with you.
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.