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June 20, 2017

Personal Mortgages for Church Workers

Kingdom Bank is pleased to announce the release of a new range of mortgages designed specifically for those working within the Church and Charity Sector.

Customers can now apply for a mortgage for a home that they will live in either now or in the future.  The Bank already offers mortgages for Buy to Let investment property and with these new products now provides a full range meeting all possible needs whatever the circumstances.  Applications will need to meet prudent affordability criteria but the amount and sources of your income do not preclude you from applying.  This means that Missionaries serving overseas seeking a Buy to Let property or Christian workers who are funded through donations can apply.

Chief Executive Chris Sheldon said: “We have been offering But to Let mortgages for some years and identified a need for people who want a home now or in the future but don’t meet the criteria often imposed by traditional lenders.  We have designed these products specifically with these issues in mind utilising our specialist knowledge of the funding arrangements for Church and mission staff.”

Further information can be found on the Bank’s website www.kingdom.bank or by phone on 0115 921 7280.  Your property may be repossessed if you do not keep up repayments on your mortgage.

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