No! There is flexibility on options for the booster mortgage depending on their circumstances and what is best for the booster. The options depend on the individual circumstances, but we can offer Retirement Interest Only and Retirement Capital Only mortgages for over 55s as well as standard remortgages for younger boosters to unlock the money needed. Click here to find out more about using a Retirement Interest Only Mortgage to boost your deposit. Our expert team will advise on the best options for you.
For more information on the range of mortgages we offer to a Booster, check out our detailed guide.