Skip to main content
Tax and home-buying schemes

What is Joint Borrower Sole Proprietor (JBSP)?

A mortgage with multiple borrowers but fewer legal owners.

Also called: Joint borrower sole owner

Definition

All borrowers are responsible for the mortgage, while only the proprietor or proprietors named on the title own the property. It is sometimes used when family income supports affordability. Lender, legal, tax and estate-planning treatment must be checked for the specific structure.

Practical example

A parent can be jointly liable for the loan without automatically being registered as an owner, subject to lender approval and legal advice.

Why it matters

A non-owning borrower takes repayment liability without receiving the same ownership rights.

JBSP mortgage guide

Source and review

Reviewed 16 July 2026. Product criteria and rules can change.

FCA Handbook: mortgage disclosure

Discuss your mortgage with a broker

We can introduce you to an FCA-authorised mortgage broker. MortgageConnector does not provide regulated advice, and using the matching service does not commit you to proceed.

Request a broker match