Does joint ownership have to mean joint mortgage?

i jointly own a house and currently have a joint mortgage with my mum. I’m hoping to remortgage in the next couple of months and want to borrow more to consolidate some debt? Mum’s age (72)  is limiting my options even though there is more than enough equity in the house and theoretically my salary alone qualifies  the amount I’m looking for. My question is: Can I take on a repayment mortgage independently when we are joint owners?


  • K_SK_S Forumite, Ambassador
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    @susied70 There used to be one mainstream lender that did Sole Borrower Joint Propreiter mortgages but afaik no one does it anymore. With a low LTV you should still have options for a remo with your mum on it, but it appears that you already know that.

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  • getmore4lessgetmore4less Forumite
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    Have HSBC stopped doing them?
  • edited 30 January 2021 at 10:36AM
    [Deleted User][Deleted User]
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    edited 30 January 2021 at 10:36AM
    Have HSBC stopped doing them?
    yeah they stopped around q3 last year.  Stopped taking joint borrower sole proprietors as well from brokers around the same time. Havent heard of them restarting either scheme recently

    Kent reliance come up on criteria search for doing Sole Application Joint Proprietor but i've never tried one with them.  

    OP - have you tried lenders who have no upper age limit?  If you are only using your salary this could be an option.  Its a tricky case so might be worth speaking to a broker to see what obscure options can be found
  • ThrugelmirThrugelmir Forumite
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    Is the property your mothers home? 
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