A family solution to affordability

3 May 2019

Our Joint Mortgage Sole Owner (JMSO) arrangement offers a family solution to affordability, enabling family members to help each other realise their housing goals.

Whether it's taking that first step on the housing ladder, carrying out renovations or even helping older members of the family stay in their home, we're here to help families support each other.

Key features

  • Up to four applicants (one or two borrowers and up to two family members)
  • Only the occupying borrower(s) will be named on the title as the owner(s) of the property
  • Up to four incomes can be used for affordability calculations
  • Maximum LTV is 80% for owner occupier (Buy to Let is either 65% or 70% depending on the product chosen)
  • This arrangement can be used with any of our standard products, with the exception of the Family Mortgage and the Retirement Lifestyle Booster mortgage.

Who would a JMSO arrangement suit?

  • Young borrowers whose income is likely to increase in the near future
  • Recently separated or divorced borrowers who want to stay in their current home
  • Retired borrowers wanting to move closer to their family in a more expensive area
  • Adult children supporting their parents
Do you have a client who might benefit from our JMSO arrangement?  Have a look at our JMSO page for more information or contact your local Business Development Manager or our Mortgage Desk.

Affordability Calculator

Find out how much your residential client may be able to borrow. To see affordability for a Buy to Let client, use our Buy to Let calculator

Find Your Local

Business Development Manager

Your Local BDM:

Arif Kara

Arif was previously a mortgage adviser, and focuses on North and West London. Contact Arif for help with your clients' mortgages.
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Your Local BDM:

Michelle Parry-Bunter

Michelle has worked for the Society for over a decade and focuses on the South Coast. Contact Michelle for help with your clients' mortgages.
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Your Local BDM:

Nathan Waller

Nathan was previously a mortgage and protection adviser, and focuses on Essex and Kent. Contact Nathan for help with your clients' mortgages.
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Your Local BDM:

Charlotte Grimshaw

Charlotte has a background working with intermediaries within the Building Society sector and focuses around the West M25 area. Contact Charlotte for help with your clients' mortgages.
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Your Local BDM:

Darren Deacon

Darren has over 28 years' Financial Services experience and focuses on both the East & West Midlands. Contact Darren for help with your clients' mortgages.
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Your Local BDM:

Paul Roberts

Paul has over 30 years' experience and focuses on the North (inc. M62 corridor), Yorkshire & North East. Contact Paul for help with your clients' mortgages.
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We do not currently have a BDM covering your area. Please contact our Mortgage Helpdesk:

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