Housing Mortgage

Helping you buy accommodation for ministry purposes.

Churches & Charities Purchasing Property

If your church or charity is looking to purchase a home for staff members, or for other ministry use, our Residential Property Mortgage could help.

Independent Church Property Trusts

We are aware that some churches like to structure the ownership of their housing such that the property is owned by an independent charitable trust and leased to the church.  We have designed a specific Housing Mortgage for these Independent Church Property Trusts (ICPTs), with an option to make interest-only payments for periods of time in certain specific circumstances.


Customer Story

The church family of Christ Church Newtown, a Church of England parish, set up a charitable trust, independent of their PCC, to purchase a house where their new youth minister could live. The house was rented to the PCC at an amount slightly below market rent. Despite the charitable trust being newly formed, and the rent being only a little in excess of the mortgage and building insurance costs, Kingdom Bank’s ICPT Housing Mortgage structure made it possible for the house to be purchased.

*Story based on the experiences of real customers. Names and places have been anonymised.

HAF: Finding and Funding Homes for Church Workers

Housing Affordability Finance (HAF) is a Christian organisation established to help churches finance the purchase of a residential property for a church worker. In some cases where a church’s affordability is not sufficient for the size of mortgage needed, HAF is able to provide a loan to bridge the gap. They can also help with finding a property that will meet the needs of the church and ministry worker, as well as with structuring the purchase process.

At Kingdom Bank, we’re often able to partner with HAF in providing the mortgage required. Visit HAF’s website to find out more about whether a HAF loan could be appropriate for your church or charity.

Interest rates

We work closely with churches and charities to understand their circumstances, enabling us to offer the best rates we can.

Please do get in touch to discuss your situation and find out whether we could provide your organisation with a mortgage.


The interest rate is a bank managed rate of 0.25% Gross/AER.

Interest accrues on the daily balance at the rate notified to you from time to time.

Interest is added to or deducted from the account on the 31st December each year.


As this account pays a variable rate of interest it can change over time and the general  terms and conditions explain how this happens. We will always let you know of any planned changes to the rate. For example, we may review our interest rates if the Bank of England base rate changes.

If you deposit £1,000.00 when you open the account, the balance after 12 months will be £1,002.50.

This assumes:

  • You do not withdraw any money and interest is paid into this account.
  • The interest rate stays the same.
  • You do not add any more money.

A minimum deposit of £1 is required when opening an account.

You can either apply for an account through our website, by clicking here or alternatively you can download an application form to complete and post to us. This form can be found here. If you would like us to send you an application form in the post, please get in touch.

Once a fully completed application form is received in the post and the necessary checks have been carried out by our team  we will be delighted to open your account with us.

If you change your mind, you can advise us in writing, and we will cancel the account free of charge within 14 days of opening.

Deposits can be added at any time, by internet banking, standing order, card payment or post.

You can register for online banking which will allow you to manage your account online. Alternatively this account offers a telephone banking functionality.

All withdrawals are made to a nominated account, either via online banking or by calling us. You are also able to request withdrawals in writing.


You can make withdrawals from this account by giving 32 days’ notice and there is no charge for doing so.

All withdrawals must be made to an account in the same name.

No charges or penalties (except those referred to in out terms and conditions where we permit early withdrawal at our discretion and any charges on transfer before maturity or notice period served) apply to these accounts.

Complete the form below to find out whether Kingdom Bank could provide you with a mortgage. One of our friendly Christian mortgage team will be in touch to discuss your plans.

You must be a registered charity to apply for this mortgage.
This is generally a requirement – please give us a call to discuss.
This is generally a requirement – please give us a call to discuss.
This is generally a requirement – please give us a call to discuss.
This is generally a requirement – please give us a call to discuss.

You can also call us on 0115 921 7280 to discuss your enquiry.

Your property may be repossessed if you do not keep up repayments on your mortgage.