Expand Your Circle and Take a New Step Towards Homeownership
One owner. Three supporters. Four incomes considered.
Buying your first home may feel more achievable when you have the right people supporting you.
Through a semi-exclusive mortgage deal available from Just Mortgages, up to three family members, partners or friends could support your application. Their incomes can be considered alongside yours to help improve affordability - without them becoming joint owners of your home.
Shared support. Clearly defined. Simple ownership.
Speak to a Just Mortgages adviser
Could More Incomes Help You Buy Your Home?
For many potential homeowners, the biggest challenge is not being able to afford the monthly mortgage payments. It is demonstrating that affordability to a lender based on one income alone.
This mortgage allows up to four applicants’ incomes to be taken into consideration:
1 owner
The property is owned by the person buying and living in the home.
Up to 3 supporters
Family members, partners or friends can support the mortgage application.
Up to 4 incomes
All applicants’ eligible incomes can be considered when the lender assesses affordability.
The supporters will be named on the mortgage but will not be registered as owners on the property deeds.
Up to 100% of the Property Value
Depending on your circumstances and the mortgage product selected, you could borrow:
- Up to 100% loan-to-value on selected 10-year fixed-rate mortgages
- Up to 100% loan-to-value on selected 15-year fixed-rate mortgages
- Up to 95% loan-to-value on selected five-year fixed-rate mortgages
A 100% loan-to-value mortgage could allow you to purchase a property without providing a deposit.
Eligibility, affordability assessments and lender criteria will apply.
Find out whether you could be eligible
Support Without Sharing Ownership
Traditional joint mortgages can mean everyone named on the mortgage also owns part of the property.
This deal works differently.
The person purchasing the home is the sole legal owner. Although supporters help with the mortgage application, they are not added to the property deeds and do not receive an ownership share.
This creates a clearly defined arrangement:
- One person owns the home
- Supporters help strengthen the application
- No ownership share is given to supporters
- A gifted deposit is not required
- Support can come from family, a partner or friends
Independent legal advice is required for every supporter so that everyone understands their responsibilities before proceeding.
Who Could Support Your Application?
Your support network does not have to be limited to your parents.
Depending on the lender’s criteria, support could potentially come from:
- Parents or step-parents
- Grandparents
- Brothers or sisters
- Other family members
- A partner
- Close friends
This gives you the opportunity to look beyond a traditional gifted deposit and consider whether people within your wider circle could help you take your first step onto the property ladder.
Can Supporters Step Away Later?
Support does not necessarily need to continue for the full mortgage term.
A supporter may be able to leave the mortgage at a later date if the homeowner can demonstrate that they can afford the mortgage independently.
This will be subject to:
- A new affordability assessment
- The lender’s criteria at the time
- The remaining borrower’s income and financial circumstances
- Approval from the mortgage lender
There is no guarantee that a supporter will be able to leave the mortgage. Your Just Mortgages adviser can explain the responsibilities involved and help everyone understand the longer-term considerations.
How Could This Work?
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Speak to a Just Mortgages adviser
We will discuss your circumstances, income, deposit and the people who may be able to support you.
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Explore your potential affordability
Your adviser will assess whether including one or more supporters’ incomes could increase the amount you may be able to borrow.
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Understand everyone’s responsibilities
We will explain how the mortgage works, what supporters are responsible for and why they must obtain independent legal advice.
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Apply for your mortgage
When you are ready, your adviser will guide you and your supporters through the application process.
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Purchase the home in your name
The homeowner is registered on the property deeds, while the supporters remain mortgage applicants without receiving an ownership share.
Why Speak to Just Mortgages?
This exciting mortgage deal is semi-exclusive to Just Mortgages, giving our customers access to an option that may not be widely available elsewhere.
Your dedicated mortgage adviser will:
- Assess whether the mortgage may be suitable for you
- Explain the lender’s eligibility and affordability requirements
- Help you understand the differences between an owner and a supporter
- Review the available fixed-rate options
- Guide all applicants through the mortgage process
- Help you consider the longer-term financial commitment
- Support you from your initial enquiry through to completion
Expand Your Circle
Your route to homeownership may be closer than you think.
With one owner, up to three supporters and up to four incomes considered, the people around you could help make buying your first home more achievable.
One owner.
Three supporters.
Four incomes considered.
Speak to a Just Mortgages adviser
Important Information
All applicants will be jointly responsible for the mortgage payments and the total mortgage debt. If the homeowner does not make the required payments, the lender may require the supporters to make them.
Supporters will not be named on the property deeds and will not have an ownership share in the property. All supporters must obtain independent legal advice before the mortgage completes.
The ability to remove a supporter from the mortgage in the future is not guaranteed and will be subject to the lender’s criteria and a full affordability assessment at that time.
Mortgage availability is subject to eligibility, affordability, property suitability and lender criteria. Product terms, interest rates and availability may change or be withdrawn.