Sharia bank Nomo has cut rates across its property finance range.
Nomo targets residents of countries in the Gulf Cooperation Council (GCC), namely Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates.
Nomo has also introduced a pricing tier for high net worth (HNW) clients.
This allows for improved pricing on larger facilities between £500,000-£750,000 and £750,001-£5 million.
Using data from property search portal Rightmove, Nomo research recently revealed Gulf investors are deploying capital in more returns-focused ways, targeting smaller purchases that balance yield with long-term stability.
In 2025, some high-value areas in London, such as Westminster and Kensington & Chelsea dropped out of the top 20 areas for GCC property demand. By contrast, Glasgow, which has the lowest average asking price in the UK in 2025, comes out on top.
| Proposition | Facility Size | Max FTV (finance to value) | 2-Year Fixed | 5-Year Fixed |
| Standard | £100,000 – £499,999 | 75% | 4.75% | 5.10% |
| HNW up to £750k | £500,000 – £749,999 | 75% | 4.60% | 4.85% |
| HNW up to £5m | £750,000 – £5,000,000 | 70% | 4.45% | 4.75% |
Following growing demand for portfolio landlord-focused products, for the first time, Nomo will be available for portfolio landlords with 4-10 mortgaged properties.
Nomo is providing financing of up to £2 million per property, with rates fixed for either two or five years.
A maximum of five properties can be financed with Nomo.
Portfolio Landlords
| Fixed period | Max FTV | Product | APRC | Application Fee |
| 2-year fixed | 60% | 4.99% | 6.8% | BTL: 1% of facility |
| 5-year fixed | 60% | 5.20% | 6.9% | BTL: 1% of facility |
| 2-year fixed | 75% | 5.30% | 7.0% | BTL: 1% of facility |
| 5-year fixed | 75% | 5.40% | 7.0% | BTL: 1% of facility |
Nomo head of property finance sales and servicing Layla Hamidian said: “Our recent research revealed that global economic volatility has underscored the appeal of the UK as a stable location for overseas property purchases.
“For GCC clients, that assurance has helped sustain consistent investment volumes across the UK residential market in 2025, particularly within the sub-£2 million segment.
“We look forward to seeing how the GCC investor market continues to flourish in the UK in 2026, and supporting our extensive broker network to find the right financing solutions for their clients.”
