In some cases, partners might purchase a buy to let investment in the name of one person who earns the lowest income and therefore is in a lower tax bracket.
However, you will usually need a minimum annual income to qualify for a buy to let mortgage.
Both applicants can contribute to the mortgage repayment costs even if only one is named the owner on the deeds.
Another common reason to opt for a JBSP mortgage is to protect your home from being used as security or being repossessed if a business fails. Buyers can put their property in a partner or family member's name and keep the asset separate from their other affairs.