In need of those higher LTV products for your first time buyers or your tenth time buyers? We can help.

23 Jul 2020
The recent removal of stamp duty up to £500,000 will no doubt be a boost to most aspirational first time buyers, but the biggest barrier to getting on the property ladder still remains raising the deposit. We have two products that can help you help your clients:

FAMILY MORTGAGE 
Our award winning Family Mortgage is designed to allow family members to provide security so they can help the borrower onto or up the property ladder. 
 
Your clients can:
• borrow up to 95% LTV on their first property.
• include family members' savings and/or property as security.
• include family members' savings as security in an offset account to reduce the amount of the mortgage on which interest is charged.
• have added peace of mind with six months unemployment cover at no extra cost (subject to conditions).

Find out more


JOINT MORTGAGE SOLE OCCUPANCY (JMSO) 
Often referred to as Joint Borrower Sole Proprietor, our JMSO product allows mum and dad to support their children with affordability when applying for a mortgage. Older children can support their parents in similar way too.
 
This arrangement:    
• allows up to two other immediate family members (mum, dad, son or daughter) to support the borrower(s) by using up to four incomes for affordability.
• can be used on any of our standard products except our Family Mortgage.
• allows 75% maximum LTV for Owner Occupiers. 

Find out more


THE BANK OF MUM AND DAD - HELPING YOUR CLIENTS KNOW THE RULES
 
First time buyers often need help from parents or other family members to raise a deposit for a property purchase. The Bank of Mum and Dad is now one of the UK's biggest mortgage lenders but how does it really work? We have produced a range of guides to help families through every stage of the lending journey.

Read our guides


For more information on our mortgage range please visit our website or contact your local Business Development Manager. If you don’t have a BDM in your area, you can contact our dedicated 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 Cambridgeshire, East Sussex, Essex, Suffolk, Hertfordshire, Bedfordshire, Lincolnshire, Norfolk and Kent. Contact Nathan for help with your clients' mortgages.
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Your Local BDM:

Grace Bennett

Grace focuses around the West M25 area. Contact Grace 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 as well as the Southwest. 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:

Opening hours: Mon - Fri: 8am - 5.30pm, Sat: 9am - noon

We may record any telephone calls we have with you in the interest of staff training, monitoring customer service or for security purposes.

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