Buy To Let Purchase Plan

Pay rent not interest when you purchase your buy to let property - rent only and rent & acquisition options available.

YOUR PROPERTY MAY BE AT RISK IF YOU DO NOT KEEP UP THE PAYMENTS ON YOUR BUY TO LET PURCHASE PLAN

Unlike a conventional mortgage where you borrow money from a lender which is then repaid with interest, the BTLPP uses the Islamic finance principles of Co-ownership (Diminishing Musharaka) with Leasing (Ijara*), where you and Al Rayan Bank buy the property as partners and you pay rent* on the Bank's share in the property.

You acquire Al Rayan Bank's share in the property by paying a monthly acquisition payment over the term of the finance agreement, or by making a lump-sum acquisition payment at the end of the finance term, if you choose the rent only product.

For more information please call 0800 408 0436 and speak to a member of our team or complete our online form and we'll get back to you.

Discounted variable Fixed Finance to value (FTV)  
3.19% 2.99%* 65% Find out more
3.49% 3.39%* 75% Find out more

*Buy To Let Purchase Plan customers in Scotland pay an 'occupancy payment' under a 'co-beneficiaries' agreement.

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