Hinckley and Rugby Building Society has updated its product and criteria, the details are below. These products are available through our direct to lender mortgage club so contact us for more information on how our club can support your business.
JBSP: The underused solution closing the affordability gap
Affordability is tighter than ever. The average home in England now costs 7.7 times the median full-time salary, pushing capable borrowers out of the market.
But there is a powerful solution many brokers still underuse: JBSP.
In the final piece of our Shifting Perspectives series, Laura Sneddon explores why JBSP is fast becoming a must-have tool for today’s affordability challenges.
JBSP isn’t just for parents helping children anymore. It’s for friends buying in London, multi-generational households combining incomes, and clients who need flexibility without shared ownership.
Read the full blog to learn:
- Unlock affordability by combining up to four incomes.
- Keep ownership solely with the main buyer
- Avoid term compression for older supporting applicants with Tailored Term.
- Real-life complex case examples from divorcing couples to friends purchasing together.
- Boost borrowing power through bonuses, pensions, and investment income with Flex Plus.