With working situations, personal finances and family life changing significantly in recent times, especially with the impact of Covid-19, Harpenden’s JBSP products have been designed to create wider lending options for brokers.

Harpenden said, in line with its other products, the new range caters for the increasingly varied house buying needs and situations emerging as part of a post pandemic era.

Indeed, the building society will allow up to four borrowers on the mortgage – although this must be direct family members.

It includes full affordability assessments with no LTI cap, there’s a maximum term of 35 years and interest-only will be considered as well as part-and-part at 75% loan-to-value (LTV).

Craig Middleton Harpenden’s mortgage sales manager said: “The lending environment is changing rapidly.

“Our new JBSP products provide a great new option allowing families to pool resources and support one another so the most appropriate property can be purchased for their requirements.

“Our policy of lending to people in varied types of employment and with different income sources has kept pace in these quickly evolving times too. We lend to people who are employed, self-employed and retired. We pride ourselves on being flexible and accommodating to the changing nature of income.

“As with our full mortgage range, the JBSP products are manually underwritten, allowing us to review applications in greater detail, taking a deeper dive into income with a view to being able to say ‘yes’, when some high street lenders may reject a complex mortgage application.

“We look forward to supporting our broker partners as they use our new JBSP products to harness new business development opportunities with their customers.”