Mortgages for Charities.

For Kingdom Bank, everything we do flows from our faith which makes us distinctly different from almost every other bank. We aim to place Jesus Christ at the centre of our business with the goal of seeing lives changed as a result of the work of the churches and organisations we serve and the profits we give away to good causes.

Our offerings

Social Return Mortgages

Kingdom Bank has a history of working with Organisations who want to make a difference in their area or community, impacting the lives of people in different ways. This can be helping those who are in difficulty or struggling with particular problems (including life controlling situations).

Mortgages for Charities

Charity income is often dependant on grants and donations. This is an area we specialise in, and we understand how this can work for Charities more than many mainstream lenders.

Frequently Asked Questions

Can we pay back lump sums on the mortgage without any charges?

On the Bank’s variable rate products this is possible although if you transfer the mortgage to another lender, an early repayment charge equivalent to up to 3 months’ interest may apply for a period of up to 5 years (depending on the product).

For the Bank’s fixed rate product there are restrictions to the amount of overpayment or lump sum payments possible each year without charge and details of these restrictions can be found on our interest rate sheets.

Do you offer any fixed rate mortgages?

From time to time we are able to offer fixed rates. All of our interest rates are quoted on our ’current rates’.

How much can our Church/Charity borrow?

This depends on two factors:-

  1. How much your organisation can afford – you will need to provide an explanation and evidence of how you can meet the repayments.
  2. The value of the property – based on the valuation figure, you can calculate the maximum mortgage available to you by using the table on our How to Apply page.

How much does it cost to apply?

It is free to make an enquiry and an initial outline application. When you make a full application, we will ask you to pay a non-refundable part of the mortgage arrangement fee (this part is referred to as the mortgage application fee). The remainder of the Mortgage Arrangement fee is payable only when you accept a formal offer of mortgage from the Bank. The total cost of taking a mortgage from Kingdom Bank consists of a property valuation fee, Solicitors fees and the Bank’s mortgage arrangement fee.

Please see our mortgage interest rates sheet for more details of these fees.

Our Church/Charity hasn’t yet raised a deposit. Can you still help us?

You will normally need to provide a deposit and we will guide you on the amounts required.

Over how long can we borrow the money?

A term of up to 30 years is available but we realise that sometimes a shorter term is more appropriate.

We already own our building. Can we borrow money to redevelop?

Yes, you can also use our services if you plan to extend or develop an existing property.

We are going to construct our own new building. Can you help us with finance for this?

Yes, we can also arrange stage payments to finance construction costs based on a forecast valuation of the property. For large projects, Kingdom Bank has a more detailed process and we are here to guide you through it.

What do I need to do to apply for a mortgage?

To make a preliminary enquiry please call us on 0115 921 7280.

To properly assess whether the Bank can help, we will normally need to look at:

  • Last 3 years annual accounts for your Church/Charity
  • Income and Expenditure figures for Church/Charity’s current financial year (if it is more than 6 months since your last financial year end)
  • Details of the property you wish to purchase and/or renovate
  • Your plans for how the Church/Charity will be able to afford the mortgage repayments

What if I have a complaint?

Initially, please get in touch. Every member of staff is trained to assist you, and we aim to resolve any issues that might arise as quickly as possible. In the unlikely event that you are still dissatisfied, please see our leaflet 'Your Guide to Customer Complaints' which provides details of how to pursue your complaint. We are members of the Financial Ombudsman Service.

What is the interest rate charged by Kingdom Bank Mortgages?

For details of the rates that we currently offer, please see our current rates, or call us on 0115 921 7280.

When do you calculate interest?

We calculate interest annually on a daily basis for all new mortgages.

Who should we use as our Solicitor?

The Bank will appoint its own Solicitor to oversee the transaction and you will be responsible for meeting the Banks Solicitor’s fees. Using the same Solicitor to also act on your behalf can often save on costs but you are free to choose your own Solicitor if you prefer.

Why do you need a valuation report? How much will this cost?

To ensure the property is suitable as security, we will arrange a valuation by an approved valuer. We will obtain quotations from our panel of valuers to give you an indication of the costs involved before any arrangements are made.

Why do you require us to have life insurance?

When the organisation is led by one or more key people we will ask that assurance is taken over the life of the leader(s) sufficient to repay the mortgage. This means in the event of a fatal accident or unexpected death of the leader, the organisation is able to clear the mortgage and take time to appoint a new leader without the fear of being unable to meet the mortgage repayments.

Find out more

Whichever route you are considering we would like to encourage you to talk to us. We can then explore ways in which we can help. We would like to share your passion for what you are doing.

Commercial mortgages and Buy-to-Let mortgages are not currently regulated by the Financial Conduct Authority, and therefore do not have the same protections as regulated personal mortgages, including Consumer Buy-to-Let mortgages. Please contact us for more details if required.


Thank you Kingdom Bank for your support and encouragement in mission work in the UK.

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