Discover new opportunities with Joint Borrower & Sole Proprietor (JBSP) Mortgages for Expats
JBSP mortgages from international clients living and working overseas have seen a substantial increase in demand. Many overseas clients still have family in the UK. Others retain strong ties to their country of birth and want to own a property for when they return to the UK either on holiday or permanently.
Our clients like this product because of its flexibility and facility to assist family members in obtaining a mortgage. So, for example if someone is based overseas and they want to purchase the family home so their parents can continue to live in the home, a JBSP mortgage might be the best way of achieving that.
Similarly, UK expat parents with good savings and high incomes can help their children back in the UK raise the required borrowing amounts to purchase or remortgage a UK property. To apply for this type of mortgage you can be based overseas or in the UK.