Joint Mortgages

What is a joint mortgage?

A mortgage loan taken out with one or more person(s)

Each person is named on the loan stating the equity split

Each person is responsible for paying for their share of the mortgage loan

Joint mortgages are open to couples and groups

Most mortgage types give you the option for joint deals

A joint mortgage allows you to put incomes together to buy a more expensive property

Each person’s earnings, credit history, and monthly spend are calculated to see how much you can borrow to create a combined offer

Having a combination of savings can help pay a higher deposit giving you access to better mortgage rates and terms