News
Principality updates rates across mortgage offering
The updated range will replace the current product range, which will be withdrawn at 5pm on 19th July.
Joint Borrower Sole Proprietor
News
Metro Bank launches 100% LTV joint borrower mortgage
Snippet: Metro Bank has launched a Joint Borrower, Sole Proprietor mortgage, allowing eligible borrowers to borrow over 95% and up to 100% LTV with support from an immediate family member.
Building Societies
Suffolk Building Society enhances JBSP criteria
The enhancement will allow up to four people from two different households to borrow from the society with one or two individuals being named on the property’s title deeds.
News
Buckinghamshire Building Society integrates JBSP facility across prime mortgage range
The majority of mortgage products within the society’s prime product range will now include the JBSP option.
Featured
Gen H expands income booster eligibility to include more family members
As part of the changes, friends can act as income boosters on mortgages up to and including 80% loan-to-value (LTV).
News
Skipton’s Income Booster product sees £274m in applications since name change
Skipton Building Society renamed its Joint Borrower Sole Proprietor scheme to Income Booster to simplify the home buying process for confused borrowers.
Building Societies
The Cambridge launches Joint Borrower Sole Proprietor mortgage products
This option allows up to two occupiers to use the additional income of up to two close family members.
Residential Mortgages
Metro Bank extends Joint Borrower, Sole Proprietor mortgage to non-relatives
Metro Bank broadens eligibility for its Joint Borrower, Sole Proprietor mortgages, now including non-relatives like godparents and close family friends in the scheme.
Building Societies
Bucks BS launches JBSP mortgage product for first-time buyers
The JBSP Deposit Lite combines the benefits of the society’s JBSP and Deposit Lite mortgage products, offering support for those looking to step onto the property ladder.
Building Societies
Hinckley & Rugby launches new mortgage affordability solution, ‘Flex Together’
Flex Together is an income booster mortgage, otherwise known as Joint Borrower Sole Proprietor (JBSP).