Before you dive in, take a moment to reflect on what you hope to achieve. Are you looking to:
- A Mortgage Alternative Using Diminishing Musharakah: Instead of lending you money, we use a structure called Diminishing Musharakah. This means we jointly purchase the property with you, and you gradually buy back our share over time until you fully own the home.
- Free from Riba (Interest): Unlike traditional mortgages, this plan ensures that you make payments toward ownership, not towards interest charges. Our plan is designed to provide an ethical, equitable approach to home ownership.
- Regulated for Your Protection: Offa’s Home Purchase Plans are regulated by the Financial Conduct Authority, ensuring you have protections and rights that mirror those of a conventional mortgage.
- Flexible and Inclusive Approach: Unlike some banks that rely on a rigid approval process, we assess each application individually, taking the time to understand your unique circumstances to find the right solution for you.
- Certified Shariah-Compliant: Our products are certified by independent advisers to ensure they meet ethical and fair standards, benefiting all customers, regardless of faith. For more information on the role of Amanah Advisors in overseeing Shariah compliance, please visit our FAQ here.
2. Assess Your Current Knowledge Level
If you’re ready to stop renting, looking to upgrade or wanting to refinance from your existing mortgage or finance provider, complete a decision in principle now to see what options you have with Offa, it take 5 minutes to complete!
Similarities to a Traditional Mortgage:
- Regulated & secure – Offa is authorised and regulated by the Financial Conduct Authority (FCA).
- Freedom of choice – You can choose any property on the open market that meets our criteria.
- Deposit & monthly payments – You start with a deposit and continue paying monthly until you fully own your home.
- Early ownership options – Overpayments are allowed, so you can own your home sooner if you choose.
⚠ Important: Failure to keep up with your Home Purchase Plan payments may lead to repossession of your home.
If you have any questions, feel free to reach out to us at hello@Offa.co or on webchat, we’re happy to help! 😊
Once You’ve Found Your Course
Congratulations! Once you’ve chosen a course, simply click the “Enroll” button and follow the prompts. You’ll then gain access to all course materials, schedules (for live classes), and any dedicated student forums.
We are committed to providing you with an enriching and fulfilling learning experience. If you need any further assistance in choosing a course, please don’t hesitate to contact our support team. May Allah bless your pursuit of sacred knowledge!