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Joint mortgage

Mortgages & secured lending
A mortgage taken out by two or more people together.

Overview

All borrowers are responsible for the full repayments.

Joint mortgages link credit files through a financial association.

Why it matters

  • It can increase borrowing power.
  • It links your credit to the other borrower.
  • Missed payments affect everyone on the mortgage.

FAQs

Does a joint mortgage affect my credit score?

Yes. The account appears on your credit file and links you to the co-borrower.

Can I remove a name from a joint mortgage?

Only if the lender agrees and affordability checks pass.

Related terms

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