2 articles tagged with Joint Borrower Sole Proprietor.
Parents can help you buy in two ways: by joining your mortgage (JBSP) or gifting the deposit. Each has different tax, stamp duty and mortgage implications.
A Joint Borrower Sole Proprietor (JBSP) mortgage lets parents boost a child's borrowing power without going on the property deeds — avoiding the 3% stamp duty surcharge. Here's how it works, the tax implications, and which lenders offer it in 2026.