Family Secures Mortgage in London Using 3 Incomes

Client Profile:

• Applicants: Father, son, and daughter
• Goal: Buy a home together in London
• Combined Income: £120,000 (£40,000 each)
• Challenge: Many lenders would only accept two incomes
• Outcome: £600,000 mortgage secured using all 3 incomes

The Challenge

A London-based family — a dad, his son, and daughter — wanted to buy a property together. Their plan was straightforward: all three would live in the home and contribute equally to the repayments.

On paper, they had a solid combined income of £120,000 (£40,000 each). But when they approached lenders, they quickly ran into problems:

• Some lenders wouldn’t allow 3 applicants at all.
• Others did, but only counted the two highest incomes.

This meant affordability was calculated on just £80,000, not £120,000. As a result, they were capped at a borrowing limit of around £400,000 instead of the £600,000 they knew was affordable.

That £200,000 gap made all the difference — it would have meant compromising heavily on area and property size.

The Solution

They contacted Strive Mortgages, who specialise in joint mortgages with 3 or more people.

We searched the market and found a lender willing to consider all 3 incomes, not just two. By including the full £120,000 in the affordability assessment, we secured the borrowing power they needed to buy in their preferred area of London.

Even better, we negotiated a competitive rate, proving that with the right advice, families don’t need to settle for less.

The Result

• £600,000 mortgage approved using all 3 incomes.
• Clients purchased in their desired London location.
• Competitive rate secured despite limited lender choice.
• True affordability reflected in the lender’s assessment.

Client Feedback

“Every bank we tried told us they would only count two of our incomes. That left us thinking we’d never be able to buy in the area we wanted. Strive found a lender that looked at all three incomes, and it completely changed things. We’re now in the home we really wanted — we couldn’t have done it without them.”

Why Strive?

At Strive Mortgages, we specialise in complex cases, including joint mortgages with 3 or 4 applicants. We know which lenders are flexible and how to present your application to maximise borrowing power.

If you’re considering buying with family or friends, we can help.

👉 Learn more here: Can You Get a Mortgage With 3 or 4 People?

✅ Key Takeaway: Even if most lenders say no, the right advice can open doors.