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Joint Borrower Sole Proprietor (JBSP)

THIS PAGE IS FOR USE BY AUTHORISED INTERMEDIARIES ONLY

Overview

Joint Borrower Sole Proprietor (JBSP) allows your clients to add extra people to a mortgage, such as a parent, child, or sibling, without making them a legal owner of the property. We factor in incomes from all applicants, which allows your client to borrow more than if they were taking out a mortgage on their own. All borrowers will have a legal responsibility for paying the mortgage.

Key Criteria

  • Up to 90% LTV
  • Up to 4 borrowers
  • Split term available
  • Term must not exceed retirement age or 75, for all borrowers
  • Occupants must demonstrate they can cover ≥50% of mortgage payments plus all essential expenditure

Fixed Rate Mortgages

(JB04) 4.69% fixed to 30.04.2031 Joint Borrower Sole Proprietor

Initial rate

4.69%

Subsequent Rate (SVR)

7.60%

Overall cost for comparison

6.5% APRC

Maximum loan to value (LTV)

80%

Incentives

Yes

Fees

No fee

Early repayment charge

Yes

View

(JB05) 5.09% fixed to 30.04.2031 Joint Borrower Sole Proprietor

Initial rate

5.09%

Subsequent Rate (SVR)

7.60%

Overall cost for comparison

6.8% APRC

Maximum loan to value (LTV)

90%

Incentives

Yes

Fees

No fee

Early repayment charge

Yes

View

Discount Mortgages

(JB06) 2 Year 3.01% Discount Joint Borrower Sole Proprietor

Initial rate

4.59%

Subsequent Rate (SVR)

7.60%

Overall cost for comparison

7.3% APRC

Maximum loan to value (LTV)

80%

Incentives

Yes

Fees

£499

Early repayment charge

Yes

View

Enquire Now

We're proud to be known for our personal, approachable service. If you have a question or would like to discuss a case, our team is here to help - Monday to Friday, 8:45 AM to 5:00 PM. We look forward to hearing from you!

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Question

Register

If you haven’t registered with us already, please register online before submitting business with us. Once registered with us, you can register to our broker online services.

REGISTER
Guide

Decision in Principle

Obtain a DIP before submitting an application. Attach an affordability calculator to your submission and we'll give you an initial decision based on the information provided.

DECISION IN PRINCIPLE
Mortgage

Submit a Full Application

Once your registration has been confirmed, you'll be able to submit an application via our online broker portal. All documents required for the application are uploaded at this time.

SUBMIT APPLICATION