A friend of mine recently bought a PPOR with her new boyfriend.... Apparently they have structured the loan is such a way that they are only liable for half the loan each... E.g 500k house.... 20% deposit... then they each have a separate mortgage with the same lender for 200k each. Whilst I am familiar with the concept of split loans I had never heard of splitting a loan between two people like that. My question is... Is this possible? I ask in the context that I know the usual situation is both my friend and her BF's borrowing power would be stuffed up because only half of the asset is theirs but they are liable for the full debt? Is this a way around that? Thanks in advance for your thoughts!