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MRT 2 · Joint Borrower, Sole Owner
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Joint Borrower, Sole Owner
How JBSP works, the difference between title and mortgage, SDLT implications, and scenarios where it’s used.
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Key points
Question 3
Which term matches: "parents support an adult child’s mortgage; child is sole owner on title"
Question 4
What does "Key distinction" mean?
Question 5
Match each term in "Key points" to its meaning
Tap a term, then tap its matching definition.
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What the exam tests
How JBSP works, the difference between title and mortgage, SDLT implications, and scenarios where it’s used.
Question 7
True or false?
How JBSP works, the difference between title and mortgage, SDLT implications, and scenarios where it’s used