Omni Mortgage Club has added Sharia-compliant property finance provider Nomo to its lender panel.
The mortgage club provides access to its lender panel, alongside technology, compliance support, and business insight.
The addition of Nomo enhances Omni Mortgage Club’s proposition in the international and specialist property finance space.
Nomo offers Sharia-compliant residential and buy-to-let finance for residents of Kuwait, the UAE, Saudi Arabia, Qatar, and Bahrain looking to purchase or refinance property in the UK (excluding Northern Ireland).
The lender also supports SPVs and portfolio landlords and does not require customers to have an existing UK credit footprint.
In addition, Omni Mortgage Club members will benefit from access to Nomo’s Broker Academy, a learning hub designed to help advisers understand Sharia-compliant property finance, identify suitable opportunities, and submit stronger applications.
Omni Mortgage Club head of lender relation Phil Daffern says: “We’re particularly pleased to welcome Nomo to Omni Mortgage Club’s lender panel as, with demand for specialist and international property finance solutions continuing to grow, it is important that our members have access to a diverse range of lenders that can support clients with different needs and circumstances.”
Nomo head of property finance sales and servicing Layla Hamidian adds: “We’re delighted to join Omni Mortgage Club’s lender panel and make our specialist property finance offering available to its member firms.”
“As interest from GCC investors in UK property continues to grow, it’s important that advisers can access solutions tailored to the needs of international buyers.”