Back | How it Works

Securing an excellent mortgage offer with Revolution Finance Brokers couldn't be easier

1Get in Touch

Complete a quick form to give us an overview of your mortgage or financing requirements, and we'll provide recommendations about the best opportunities for you.

2Submit Your Application

Once you've chosen your preferred mortgage deal, we'll steer you through the paperwork with comprehensive application management from start to finish.

3Mortgage Completion

Revolution Finance Brokers will finalise the details and enable you to move forward without delay!

Get Started

Back | About

About

Back | Insurance

Business Protection Insurance

Life Insurance

Building Insurance

Home Insurance

Mortgage Repayment Protection

Family Income Benefit

Critical Illness Cover

Back | Calculators

Commercial Stamp Duty

How Much Can I Borrow?

Buy To Let

Bridging Loan

Residential & Commercial Bridging

Mortgage Repayment

Development Finance

Commercial Mortgage

Back | Your Mortgage Position

Your Mortgage Position

Bad Credit

Bridging

Buy to Let

Development Finance

Self Employed

Mortgage for professionals

Lifetime Mortgages

Expat mortgages

Interest Only

Mortgage Affordability

Mortgage Application

Income Types

Residential Mortgages

Commercial Mortgages

Property Types

Remortgages

First Time Buyers

Mortgage Declined

Offset Mortgage

Other

Back|Bad Credit

Bad Credit Mortgages

Mortgage for Applicants with Bad Credit

Mortgage with Defaults on Your Credit

Buy to Let Mortgage With Bad Credit

Finding a Mortgage with Poor Credit

Mortgage Interest Rates with Bad Credit

Mortgage After Repossession

Getting a Mortgage After Payday Loans

Avoiding Repossession

Subprime Mortgages

Mortgage with a CCJ

Mortgage with Credit Card Debts

Adverse Credit Mortgage Online

Self-Employed Mortgage with Bad Credit

Shared Ownership Mortgage with Adverse Credit

Right to Buy as a Bad Credit Applicant

Commercial Mortgages for Bad Credit Borrowers

Deposit Requirements for Bad Credit Mortgages

Finding a Mortgage Offer After Rental Arrears

How Can I Repair my Credit Score to Get a Mortgage?

How Does the Help to Buy Scheme Work for Bad Credit Applicants?

How to Decipher Your UK Credit Reports

How to Secure a Bad Credit Buy to Let Mortgage

Is it Possible to Find a Mortgage After Bankruptcy?

How to Qualify for a Mortgage with Zero Credit Score

Joint Mortgage Applicant Has Bad Credit

Are There Mortgage Options After a Debt Management Plan?

Are There Mortgage Options After a Debt Relief Order?

Back|Bridging

Bridging Finances

Auction Finance

Fast Bridging Finance

Low-Cost Bridging Loans

Bridging Loans Guide

Bridging Loans for Residential Homes

Bridging Loan at 100% Loan to Value?

Commercial Bridging Finance

Bridging Loan with Adverse Credit

Fast Bridging Finance

Financing a Property Purchase at Auction

Finding Regional UK Bridging Loans

Financing an Auction Property Purchase

Bridging Finance for Land Developments

Long & Short Term Bridging Finance

Bridging Finance on Rental Investments

UK Bridge to Let Mortgage Borrowing

Using Bridging Finance for Development Projects

Back|Buy to Let

Buy to lets

Buy To Let Mortgages for Expats

Buy To Let Refurbishment Mortgages

Buy to Let Interest-Only Mortgages

Changing Your Mortgage to Buy to Let

Mortgages for Buy to Sell Investments

Company Mortgages for SPVs

Stamp Duty for Buy to Let

HMO Finance

LTD Company Property Finance

Holiday Let Mortgages

Holiday Let Mortgages 80 LTV

Repayment Mortgage for Buy to Let

Buy To Let Mortgages For New Builds

Buy to Let Mortgages Guide for Investors

Buy To Let Mortgage With Poor Credit

Let to Buy

BTL UK Portfolio Mortgages

Portfolio Landlord Mortgages

Property Refurbishment Finance

Best Buy to Let Mortgages: 75% LTV

Buy to let 80% LTV Mortgages

Buy to Let Remortgage

Securing BTL Mortgage Quotes & BTL Agreement

Buy to Let Mortgages for First Time Buyers

Buy To Let Mortgages For Retiree Landlords

Back|Development Finance

Development Finance

Development Finance Explained

Guide to Construction Finance

Development Exit Finance

Why Location Matters in Development Finance Applications

Development Finance for Residential Properties

Finance a Property Development with No Deposit

Development Finance Applications

Development Finance ROI

Checklist of Considerations before you Develop Your First Propertyce

Development Finance FAQs

Lender Criteria for Development Finance

Back|Self Employed

Self Employed Mortgages

Company Director Mortgages

Mortgages for LLPs

BTL Mortgage If You Are Self Employed

Self-Employed Mortgage After 2 Yrs Accounts

Mortgages For Newly Self Employed

Mortgage for Partnerships & Sole Traders

Mortgages for Self-Employed Accountants

Back|Mortgage for Professionals

Mortgages for UK Professionals

Foster Carer Mortgages

Mortgages For Armed Personnel

Mortgages for Doctors

Mortgages for Graduates

Mortgage for Teachers

Mortgages for Solicitors, Barristers & Lawyers

Mortgages For Social Workers

Back|Lifetime Mortgages

Lifetime Mortgages

Equity Release With & Without Mortgage

Equity Release with a Mortgage

Interest-Only Equity Release Mortgages

Home Reversion in Equity Release Financing

Analysing Equity Release Product Safety

Equity Release as a Retirement Strategy

Repaying an Equity Release Mortgage Early

Back|Expat Mortgage

Expat Mortgages for UK Nationals

Expat Remortgages for UK Nationals

Finding a UK Mortgage Broker as an Expat

Buy To Let Mortgages for UK Expats

Mortgage Calculator Guide for Expats

Back|Interest Only

Interest Only Mortgages

Switching Your Mortgage to Interest-Only

Part Repayment & Interest-Only Mortgages

Repayment vs Interest-Only Mortgages

Interest-Only Mortgage for First-Time Buyers

Secured Interest-Only Home Loans

Interest-Only Retirement Mortgages

Interest-Only Lifetime Mortgages

Repayment Vehicles for Interest Only Mortgages

Back|Mortgage Affordability

Mortgage on 5.5 x Salary

Mortgage on a Single Income

Mortgage with an Overdraft

Mortgages on 4 - 4.5 x Salary

Mortgage based on Salary

Mortgage on a Single Income

Requirements for a £350,000 Mortgage

Mortgages at 6 x Income

Affordability Check for a Mortgage Application

How Do Mortgage Affordability Checks Work?

Back|Mortgage Application

Mortgages for Individuals

Friends or Family Members

VISA Mortgages

Foreign National Mortgage

Multiple Applicant Mortgages

Single Parent Mortgage

Mortgage Application Process

Mortgage Agreement in Principle

Joint Applicant, Sole Proprietor Mortgages

Single Parent Mortgage

Joint Mortgage Applications

Rejected Mortgage Application

Back|Income Types

Mortgage with Non-Mainstream Income

Mortgage on a Temporary Work Contract

Mortgage on a Zero Hours Contract

Mortgages for Part-Time Workers

Mortgage Applications Based on Pension Income

Mortgage Options for Gambling Income

Mortgages for Freelancers & Self-employed

Mortgages for Contractors with Variable Income

Mortgages for Agency Staff Employed Through an Umbrella Company

Back|Residential Mortgages

Residential Finance

Moving Home

Consumer Buy to Let Mortgages

Specialist Mortgages

Second Charge Mortgage Brokers

Offset Mortgages

Shared Ownership Mortgages

Self-Build Mortgages

Regional First-Time Buyer Mortgages

Interest Only Mortgages

Tier 2 Visas Mortgages

Mortgages at 95% Loan to Value

Back|Commercial Mortgages

Commercial Property Finances

Commercial Mortgages

Property Investment Finance

Commercial Remortgages

Semi Commercial Mortgage

Interest Only Commercial Mortgages

Mortgages For Flats Above Shops

Mortgaging Land Purchases

Portfolio Landlord Mortgages

Mortgages with Bad Credit

Mortgages for Land Investments

Mortgages for Pub Businesses

Large Commercial Mortgage

Bridging Loans for Commercial Mortgages

Mortgages for Large Investments

Commercial Mortgages for B&Bs

Mortgages for Dental Practices

Mortgages for Pharmacies

Remortgaging Commercial Property

Care Home Commercial Mortgages

Second Charge Mortgages

Business Through Mortgage Lending

Deposits on Commercial Mortgages

Hotel Mortgages

Affordability Criteria in Commercial Mortgages

Pros & Cons of Commercial Mortgages

Buy to Let Mortgages for Businesses

Mortgage Terms on Commercial Lending

Asset Finance & Working Capital

Unsecured Business Loans

Business Expansion Finance

Invoice Finance

Partnership Buyout Finance

Hire Purchase

Lease Purchase

Back|Property Types

Mortgage Rates on New Constructions

Timber Framed House Mortgages

Home with Identified Asbestos

Mortgage on a Maisonette

Property with a Deed of Covenant

Mortgages on Non-Standard Developments

Mortgages on Single Brick Properties

Eco-Friendly Home Mortgages

Ex-Local Authority Flat

Flying Freehold Mortgage

Thatched Roof Property

Flat Mortgages for High Rises

Studio Flat Mortgage

Mortgage on a Home with a Flat Roof

Mortgage Survey Undervalues Your Property

Properties in Flood Risk Areas

Mortgage Lending on Homes with Annexes

Steel Framed House Mortgages

Mortgages for Concrete Properties

Mortgages for Leasehold Properties

Mortgaging a Cottage Property

Mortgage for below Market Value

Repossession Property Purchase

Planning Permission for British Properties

Mortgage on a Home Adjacent to Commercial Properties

Back|Remortgages

Back|Mortgage Declined

How To Deal With Having A Mortgage Declined On Affordability

Finding a Solution When You Have Had a Mortgage Declined Post-Valuation

Help for Homebuyers Who Have Had a Mortgage Declined After Agreement in Principle

Tips and Advice on Proceeding If You Get Declined for a Mortgage After Exchanging Contracts

What to Do if You Have Had a Mortgage Application Declined

Back|First Time Buyers

First Time Buyers

Deposit Requirements

First Time Buyer Guarantor Mortgages

Applying for a First-Time Buyer Mortgage

Finding a First Time Buyer Mortgage With a 5% Deposit

First-Time Buyer Stamp Duty and Mortgage Costs

Back|Offset Mortgages

UK Offset Mortgages

What is a Flexible Mortgage - And Who is It Best Suited To?

Offset Mortgages Rated - Pros and Cons

Average Rates on UK Offset Mortgages

What Are Cashback Mortgages - and How Do They Work?

How To Find the Lowest Fixed Rates on Offset Mortgages

Is a UK Current Account Mortgage Right For You?

Guide to Offset Mortgage Online Calculators

How Family Offset Mortgages Work

Mortgage Reserves - How an Offset Works

Back|Other Mortgages

Second Charge Mortgages Brokers

Applying for a Mortgage With a New Job

Mortgages for Uninhabitable Property Purchases

Can I Mortgage a Contaminated Land Investment?

Can I Mortgage a Listed Grade Two Property?

Can I Get a Mortgage While on Maternity Leave from Work?

How Does a Public Footpath Impact My Mortgage Chances?

How Many Mortgage Products Can I Have Simultaneously?

What Deposit Sources are Acceptable in the UK?

What Sort of Homeowner Loan Am I Eligible For?

Complete Guide to the UK Mortgage Process

How Can a Broker Improve My Mortgage Eligibility Assessment?

Multiple Applicant Mortgages

Can you get a mortgage with more than one person, and does it matter if you're not related? We explain everything you should know before applying for a mortgage with multiple applicants.

Let’s Get Started Ask a question

Discover What Our Customers

Have to Say!

Almas Uddin

Founder and Mortgage Advisor

2023-05-09

Multiple Applicant Mortgages

The Revolution Brokers team regularly deals with enquiries about mortgages between multiple parties. With lenders allowing up to four people to apply for a joint mortgage, this is always something you can consider!

Here we summarise how multiple applicant mortgages work and what sort of decisions you will need to make before starting your application.

For help with your joint mortgage, or to run through which products are most suitable, give us a call on 0330 304 3040, or drop a message to [email protected].

Can I Get a Mortgage Between Multiple People?

You can indeed - that can include two or more applicants. Not all lenders offer this sort of mortgage, but we can recommend providers who provide mortgages for up to four people.

You can name up to four people on the deeds in some cases, but the income assessments will only consider the two highest-earning applicants.

There are lots of reasons you might consider a multi-person mortgage:

You can club together to offer a higher deposit.
Combined income makes the mortgage payments easier to afford.
More people means you can borrow a higher value.

Already Interested, Let’s Get Started!

The following

topics are

covered below

What are the Multiple Person Mortgage Options?

Who Can I Get a Joint Mortgage With?

How Does the Affordability Assessment Work on a Mortgage for Multiple Applicants?

How Can I Split a Property Between Multiple Owners?

How Does a Deposit Work for a Multiple Person Mortgage Application?

Can I Get a Multi-Person Mortgage with a Friend with Bad Credit?

Can I Get a Group Mortgage If I Am Self-Employed?

Can I Get a Multi-Person Buy to Let Mortgage?

Are There Joint Mortgages for Commercial Buy to Lets?

Independent Advice About Multiple Applicant Mortgages

Show less

Why Revolution Brokers?

Whole of market brokers

Mortgage that suits you

On time customer support

What are the Multiple Person Mortgage Options?

You'll find several mortgages, all designed for multiple applicants.

Joint borrower, sole proprietor mortgages mean that family members or friends come onto the mortgage application to help with the affordability. However, they don't live in the property and are not named on the deeds.
Family mortgages are popular where somebody can't finance a deposit. The lender can take security over a family member's asset or savings and use that to guarantee the mortgage loan.
Family offset mortgages usually mean putting down a 5% deposit as a gift from a close family member and transferring savings of around 15% to 20% of the purchase value into a savings account with the same lender. That cash isn't taken but cannot be spent and acts as a security deposit to help you get the mortgage lending you need.
Guarantor mortgages are another family support option. In this situation, the family member guarantees your debt and will be responsible for it if you fall behind with the repayments. They usually need at least 25% equity in their own property and to have a clean credit record.
Tenants in common joint mortgage agreements are standard when friends buy a home together. This option means that each person owns their own stake in the property and can sell it as they wish.

Who Can I Get a Joint Mortgage With?

There are no restrictions on who you can choose to buy a property with. Some lenders have limits on the maximum number of applicants, so give the Revolution Brokers team a call if this is over two people to ensure you apply to the right lender.

In some cases, lenders will happily offer a mortgage to four people, provided they all live there as their primary residence.

Others lend to group applicants only if they are related or if the deposit value is at least 20% to mitigate the risk factor.

How Does the Affordability Assessment Work on a Mortgage for Multiple Applicants?

It depends on the lender. Some will include the earnings of only the two highest income earners, even if there are three or four people on the application.

Applying for a group mortgage can be challenging to calculate since every lender will use a different assessment policy and vary what they are prepared to offer.

For example, if you have three people on an application, one lender might cap the offer at three times the three applicants' salary.

Another might lend up to five times the joint income of the two highest earners. Still another lender may offer four times the income of all three applicants - hence why it is vital to seek advice from a broker to ensure you can get the mortgage you need!

How Can I Split a Property Between Multiple Owners?

If you're buying as joint tenants, each party is equally entitled to a share in the property. If you sell it, the proceeds are divided equally, and if one owner dies, their shares automatically pass to the surviving owners.

Should one tenant wish to leave, the other owners often buy out their share through a remortgage.

Tenants in common are different, and you can split the ownership in any proportions you wish, with a Deed of Trust to set out legal obligations and entitlements arising from the joint ownership.

How Does a Deposit Work for a Multiple Person Mortgage Application?

Most lenders will dictate that the named applicants must provide the deposit. Usually, a gifted deposit from an immediate family member is acceptable.

You can also source deposit contributions from savings or from a support scheme like Help to Buy.

Generally, you can use a deposit gifted from a parent. Lenders have varying rules about whether they will accept deposits sourced from wider family members.

Can I Get a Multi-Person Mortgage with a Friend with Bad Credit?

Possibly - but even if most of the applicants have a good credit history, a lender will need to consider their offer if one buyer has a bad credit report.

Every applicant will be credit checked, and a lot depends on how serious the credit issues were, how recently they occurred, and whether the debt has since been repaid.

If the credit issues are severe, it might be wise to apply as a sole applicant rather than jointly or approach a professional broker to refer to a specialist bad credit lender.

Can I Get a Group Mortgage If I Am Self-Employed?

Yes, you can! The only real difference with a self-employed applicant is how the lender assesses your income to determine if you can afford the mortgage costs.

The process usually works by considering the following factors:

How much profit you make, with most lenders needing three years of tax returns or trading accounts.
The type of company - so if you are a sole trader, they will look at your net profit, but if you are a limited company director, they will look at your salary and dividend earnings.
Average income is usually calculated based on the last two or three years.
Contractor mortgages look at your day rate and extrapolate that to arrive at an annual average.

Can I Get a Multi-Person Buy to Let Mortgage?

It is possible but depends on applying to the right lender. Residential properties can be bought on a joint mortgage by up to four people and buy to let lenders put similar caps of three or sometimes four applicants.

It would be best to consider the tax implications of investing in a rental property on a joint mortgage.

From April 2021, there are no longer tax reliefs available, and you cannot deduct mortgage interest from the rental income to potentially reduce the tax band you fall into.

Are There Joint Mortgages for Commercial Buy to Lets?

Indeed there are. Sometimes, the easiest solution is to set up a limited company with each applicant a shareholder. The company can then take out a buy to let mortgage and lease the commercial premises to the tenant.

In this situation, the tax burden is often less since you will pay corporation tax on the profits at 19%.

Independent Advice About Multiple Applicant Mortgages

As we've seen, there are many different types of mortgage and loans designed to make it possible for multiple applicants to purchase a property together.

For professional guidance about the best mortgage option for you, give our mortgage advisors team a call on 0330 304 3040, or email us at [email protected].

Almas Uddin

Founder and Mortgage Advisor

Explore Our Presence

Securing an excellent mortgage offer with Revolution Finance
Brokers couldn't be easier:

Revolution Mortgage Brokers:100% 100%

Independent & Whole-of-Market

As specialist mortgage brokers for a huge variety of applicants, the whole-of-market consultants at Revolution provide access to an exceptional range of lenders, products and mortgage deals. That means you get the advantage of professional negotiation and broker-exclusives through an established lending network to ensure we always find you the most competitive mortgage available.

About our whole market brokers

Refer, Relax

andget £50

If you refer a friend for a mortgage or anytype of finance you’ll both receive £25 each when their new application successfully completes.

Know more!

We are proud
members of the:

FCA disclaimer

The content included in our articles, blogs, web pages and news publications is based on information accurate at the time of writing. Note that policies and criteria can change regularly throughout the UK mortgage lending market, and it remains essential to contact the consultation team to receive up to date guidance. The information included on the Revolution Brokers site is not bespoke to any circumstances or individual application scenarios and therefore is not intended to be used as financial advice. The content we share is designed to be informative and helpful but cannot be relied upon to provide individual advice relevant to your mortgage requirements. All Revolution team members are fully qualified, trained and experienced to provide mortgage advice of an independent nature.

We collaborate with lenders and providers who are regulated, authorised and registered with the Financial Conduct Authority (FCA). Should you require specific mortgage borrowing types, some products such as buy to let mortgages may not be FCA regulated. The Revolution team can provide further information about regulated and unregulated lending as required. Please remember that a mortgage is a debt which is secured against your home or property. Your home can be at risk of repossession if you do not keep up with the repayments or encounter any other difficulties in managing your mortgage borrowing responsibly. This also applies to any remortgage or home loan secured against your property, including equity release products.

Ask the Expert

Mortgage Brokers

Revolution Mortgage Brokers understands that mortgages can be complex and confusing! Ask us any question you might have, and one of our skilled consultants will come back to you as quickly as possible.

Get Started Call 0330 304 3040 Mon - Fri: 9am - 6pm

Find out more about us

Multiple Applicant Mortgages

Discover What Our Customers

Multiple Applicant Mortgages

Can I Get a Mortgage Between Multiple People?

Whole of market brokers

Mortgage that suits you

On time customer support

What are the Multiple Person Mortgage Options?

Who Can I Get a Joint Mortgage With?

How Does the Affordability Assessment Work on a Mortgage for Multiple Applicants?

How Can I Split a Property Between Multiple Owners?

How Does a Deposit Work for a Multiple Person Mortgage Application?

Can I Get a Multi-Person Mortgage with a Friend with Bad Credit?

Can I Get a Group Mortgage If I Am Self-Employed?

Can I Get a Multi-Person Buy to Let Mortgage?

Are There Joint Mortgages for Commercial Buy to Lets?

Independent Advice About Multiple Applicant Mortgages

Further Reading

Friends or Family Members

Are Online Mortgage Quotes Worth Relying On?

Can I Apply for a Mortgage in Northern Ireland?

Can I Apply for a Mortgage in Only My Name if I am Married?

VISA Mortgages

Can I Get a Mortgage if I Have a Criminal Record?

Foreign National Mortgage

How Can I Apply for a Mortgage Alongside Existing Debt?

How Do Mortgage Applications Work in Scotland?

How Quickly Can I Get a Mortgage Application Approved?

Mortgage Agreement in Principle

Mortgages for Individuals

Mortgage Options for Homeowners on Furlough from Work

Multiple Applicant Mortgages

Single Parent Mortgage

Mortgage Application Process

Understanding Retention Clauses on a Mortgage Offer

Joint Applicant, Sole Proprietor Mortgages

What are LIFT Mortgages in Scotland?

What Happens If I'm Made Redundant While Applying for a Mortgage?

What History of Bank Statements Do I Need for a Mortgage Application?

Which Government Mortgage Schemes Can I Apply For?

How Can I Improve My Chance of Mortgage Approval?

Explore Our Presence

Explore Our Presence

Refer, Relax

FCA disclaimer

Ask the Expert Mortgage Brokers

Contact

Social

Ask the Expert

Mortgage Brokers