At the Tipton, we understand that making the first step onto the property ladder can be hard. So, we're here to help with a range of solutions...
...enough income, but no deposit?
Our Family Assist mortgages allow your clients to purchase a property with between 0% - 10% deposit. Additional security is required through either a security charge on a family members' property or depositing savings into an account with the Society.
...enough deposit, but low income?
Our Joint Borrower Sole Proprietor (JBSP) criteria allows a family member to be party on the mortgage application to support affordability - even when they won't live in the property.
...receiving gifted equity?
Where your client is purchasing from a family member, who is gifting equity, we can accept applications up to 80% LTV (using the gifted equity as deposit).
Please, click here to get in touch. We look forward to helping you help your clients!