Gatehouse set to move into Islamic mortgages after Haresnape hire

Gatehouse Bank looks set to expand into Islamic mortgage lending after registering two trademarks for shariah-compliant loans.

The lender bought the trademarks for ‘Gatehouse Mortgages’ and ‘Milestone Mortgages’ last week, according to filings at the Intellectual Property Office.

Both trademarks apply to Islamic banking services.

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Gatehouse is currently known for shariah-compliant real estate investment and financing.

The firm’s website says: “All aspects of our operations, from product design to client service and philanthropy, are thoughtfully formulated to comply fully with the core principles of shariah.”

Last month Gatehouse announced it had hired Aldermore group managing director of mortgages Charles Haresnape.

Haresnape will join Gatehouse later this year.

A Gatehouse spokesman declined to comment.