Our Joint Borrower, Sole Proprietor mortgage is designed to help customers step onto the property ladder with the support of family or friends.
Residential Core Range JBSP highlights
- Spouses and non-relatives accepted as joint borrowers
- Joint borrowers can reside in the subject property
- Up to 95% LTV on houses and flats, purchase only (90% LTV for new build)
- Up to four applicants on the mortgage, with a minimum of one applicant on the property deeds
- Income can be accepted from up to 4 applicants, at full income multiples, subject to affordability
- Maximum age 80 considered (mortgage term based on the oldest applicant at the end of the term)
- Repayment, interest only and part and part options available (maximum LTVs apply)
- Gifted deposits accepted – Gifted Deposit Form to be used
For full details, please refer to our Mortgage Lending Criteria Guide and Product Guides.
Got a case to discuss?
Get in touch with your local BDM; they would love to hear from you. Find your BDM here. Or call our Broker helpdesk on 020 3427 1019. Metro Bank won’t charge you for you calls, however you may be charged by your service provider.