Looking to buy someone out of a mortgage? Try Tembo
If you need to take an ex-partner off your mortgage, but you're struggling to afford it, Tembo could help. We advise on a range of options to help you stay in the home & community you love, and own your property independently.
Average £88,000 boost to affordability
Voted the UK's Best Mortgage Broker
Over 20,000 mortgage products
Sorting out a mortgage after a break up is tough
Going through a separation is hard enough, but for many people trying to figure out how to stay in their home and make mortgage repayments is a huge concern. There are a range of specialist schemes that could help you boost your mortgage affordability, so you can buy out your ex-partner and stay in your home.
How you could buy out your ex and afford your home solo
We advise on a range of specialist schemes that could boost your affordability to help you stay in the home you love.
Income Boost remortgage
Also known as Joint Borrower Sole Proprietor (JBSP), this is a way of adding a family member or friend's income to your mortgage to increase your max borrowing. With a loved one added as a guarantor, you can increase your affordability to afford your home on your own.
Deposit Boost
This involves two separate mortgages. The first is taken out by your family member or friend (the Booster) on their property to release money, which is then gifted to you to help you buy out your ex. The second is the new mortgage needed for your home, with you as sole owner.
Savings as Security
If you have a family member who wants to help and has cash savings, instead of gifting you it in a lump sum they could place them in a special savings account. This is used as security by the lender, which increases your affordability.
Dynamic Income Boost
Add some or all of a family member’s earnings to your total income to increase your affordability. They can choose to build up an equity stake by contributing to the repayments, but won’t own your home.
Deposit Loan
Increase the amount of equity you hold in your home, with a Deposit Loan from a loved one. They'll benefit by owning a percentage of your property, while you can remortgage with a larger downpayment
Professional Mortgages
If you work in a professional field, such as a nurse, doctor or solicitor, you could be eligible to borrow up to 5.5x your income. By borrowing more, you can boost your affordability to afford your home on your own.
Why Tembo?
We help buyers, movers and homeowners discover how they could boost their affordability in 3 simple steps. It’s why we’re the UK’s Best Mortgage Broker.
Tried, tested & trusted by thousands
Read some of our 5* rated reviews from home owners and first time buyers who we've helped to remortgage to a new deal or buy sooner. To see how you could boost your mortgage affordability to buy someone out, create a free Tembo plan for a personalised recommendation.
See today's best interest rates
Unsure whether to stay with your current lender or go elsewhere? Whatever option you choose, it’s worth scouting out what options are available to you. We can advise you on what you should do based on your situation and the current market.
Create a Tembo plan to get started or compare live interest rates from across the market with our comparison page.
The interest rates shown are an indication only and are not guaranteed. Current rates may have changed by the time you come to apply.
Learn more
We've hand picked our top guides to answer your affordability questions. You can explore all of our guides in our Mortgage Guides Hub.
