MEET SAM, DANIEL AND
THEIR FAMILY

Sam and Daniel are a married couple in their 40s, ready to take the next step in their family journey. Alongside Daniel’s mother, Grace (67), and their daughter Evelyn (21), they’re purchasing a home together – pooling their resources to make homeownership more affordable and meaningful. Their goal is to create a supportive, shared home that balances togetherness with autonomy.

Let’s find out more about them…

Their unique circumstances

Sam works as a business analyst, earning £49,000 a year. Daniel is a teacher with a salary of £45,000. Grace, a retired nurse, receives a pension of around £22,000 annually. Evelyn has just started her career as a trainee accountant, earning £28,000. Individually, their incomes wouldn’t stretch to the kind of home and area they want to live in – a thriving neighbourhood close to friends and local facilities.

Together, they’ve found a way forward, combining their finances to purchase a spacious semi-detached property with a converted loft, ground-floor extension, and a separate annexe where Grace will live independently.

They’re using a joint borrower, sole proprietor mortgage structure. Grace is contributing to affordability but won’t be named on the property deeds, while Evelyn will be – helping to support the mortgage and build her own financial future.

Their individual needs

• A combined multi-generation and joint borrower, sole proprietor mortgage to maximise affordability
• A property with adaptable living space, including a self-contained annexe for Grace
• Four applicants with four incomes, including pension income
• A desire to live in an up-and-coming area close to shops, transport, and the community amenities and sports facilities that contribute to their busy lifestyles
• A lender who understands the realities of modern affordability

Let’s hear from them…

How we can make their dream a reality

We understand affordability challenges, and that families are finding creative ways to overcome them. Our underwriters took the time to understand the full picture, assessing each applicant’s income and role in the purchase.

By offering a joint borrower, sole proprietor solution, we enabled Grace to support the mortgage without being named on the title, helping the family plan for the future while keeping ownership simple. Daughter Evelyn, as a named owner, is also building her own financial foundation from the outset.

We looked beyond the numbers to understand their goals: a home that’s affordable, flexible, and located in a vibrant neighbourhood where they can all thrive. Our lending approach gave them the confidence to move forward, together.

Why it matters

For many families, multi-generational living isn’t just a lifestyle choice, it’s a practical solution to rising costs and changing needs. We’re proud to support clients like Sam and Daniel with lending that reflects the way people live today – with flexibility, empathy, and common sense.

If you’re helping clients find financial flexibility into retirement, talk to your nearest BDM about how we can help.