Joint Borrower Sole Proprietor Mortgages

There can be many reasons why people want to take out a joint mortgage, but only have 1 person be the legal owner of the property.

We have lenders that can help with these type of specialist mortgages and our advisers can talk you through your options, fully explain how it all works, the costs involved and help you achieve your goal.

Speak to our Mortgage Expert

I confirm that I have read and consent to my personal information being processed in accordance with The Money Hub's Privacy Policy. I also confirm that I have read The Money Hub’s E-Marketing to Customers and consent for The Money Hub to market to me by email. On receipt of this enquiry we will contact you to discuss your requirements.

Joint Borrower Sole Proprietor Mortgages

What is a Joint Borrower Sole Proprietor mortgage?

This type of mortgage, is where not all parties to the mortgage, are the legal owners of the property.

For example, if there are two borrowers, or even more as some lenders will allow up to 4 applicants, all people in question will be on the mortgage, but only one person could be named on the title of the property.

When would you require this type of mortgage?

It may be that as a first-time buyer, you may struggle to get onto the property ladder, so many first time borrowers are joining forces with either their friends or family members to combine deposit monies and incomes. This could increase the overall income by combining several salaries to make buying a property more achievable. Joint Borrower Sole Proprietor mortgage applications have begun to increase and selected lenders are offering them.

This solution, may work for parents, who own their own home, and want to help their children buy a property, however they may not want to be caught by the increased stamp duty that could apply if they had to appear on the title deeds of the property.

Can I use a joint borrower, sole proprietor mortgage to protect any assets?

Many people who own a business may want to protect their home in the event that if their business fails, this could lead to their home being taken as payment for any outstanding debts.

A Joint borrower Sole Proprietor mortgage allows business owners to put their home in a partner’s name, therefore keeping the property completely isolated from any other assets that could be taken.

The owner of the business can make the monthly payments for the mortgage, however their home is not at risk as their name is not on the property deeds.

Want to have a chat?

Speak to one of our experts...

Why Clients use the Money Hub

Hundreds of
5 Star Reviews


Hundreds of
Mortgages Arranged

Your Data
is Safe

Joint Borrower Sole Proprietor Mortgage FAQ's

What is a Joint borrower sole proprietor mortgage?
This is where you can have several applicants on the mortgage, but only 1 applicant on the title deeds as the legal owner.
Who offers Joint borrower sole proprietor mortgages?
Not all lenders offer this mortgage product. You should speak to a mortgage broker to identify what lenders can help and your mortgage options.
Joint Borrower Sole Proprietor Mortgages
The Money Hub

Product Name: Mortgages

Product Description: Joint Borrower Sole Proprietor Mortgages

  • Rating


Gary has been brilliant throughout the whole process. Very knowledgeable, helpful and efficient. The service provided as a whole, has been excellent, 10/10.