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Boosters
Discover our Income Boost & Deposit Boost and get to grips with what a booster is
44 articles in this collection
Written by
Polly Gilbert
General
What is a Booster?
Written by
Polly Gilbert
Updated over a week ago
I'd rather get a mortgage on my own. Do I have to use a boost?
Written by
Polly Gilbert
Updated over a week ago
If I can afford a mortgage alone, are there other benefits to using a boost?
Written by
Polly Gilbert
Updated over a week ago
What is the impact on inheritance tax for a booster?
Written by
Polly Gilbert
Updated over a week ago
Income Boost
How do interest rates for an Income Boost compare to regular mortgages?
Written by
Polly Gilbert
Updated over a week ago
Will my booster always be on the mortgage?
Written by
Polly Gilbert
Updated over a week ago
What is an Income Boost?
Written by
Polly Gilbert
Updated over a week ago
Can you help me if I have no deposit saved?
Written by
Polly Gilbert
Updated over a week ago
How old can the person/s providing the Income Boost be?
Written by
Polly Gilbert
Updated over a week ago
Can I use an Income Boost on a remortgage?
Written by
Polly Gilbert
Updated over a week ago
Can I get an Income Boost with a person who will be living with me in the property?
Written by
Polly Gilbert
Updated over a week ago
Can one of the joint borrowers on an Income Boost live in another country?
Written by
Polly Gilbert
Updated over a week ago
What happens if I have an Income Boost and my booster dies?
Written by
Polly Gilbert
Updated over a week ago
How many people can be on an Income Boost?
Written by
Polly Gilbert
Updated over a week ago
Is an Income Boost a repayment mortgage or an interest-only mortgage?
Written by
Polly Gilbert
Updated over a week ago
Will my term be based on the age of the oldest borrower?
Written by
Polly Gilbert
Updated over a week ago
Deposit Boost
What is a Deposit Boost?
Written by
Polly Gilbert
Updated over a week ago
Can I pay the Deposit Boost loan back to my booster in the future?
Written by
Polly Gilbert
Updated over a week ago
Am I able to make the interest monthly payments of the Deposit Boost myself instead of my booster paying?
Written by
Polly Gilbert
Updated over a week ago
Can you help me if I have no deposit saved?
Written by
Polly Gilbert
Updated over a week ago
How does a Deposit Boost affect my booster's home?
Written by
Polly Gilbert
Updated over a week ago
Could I get a Deposit Boost if my parents have an existing mortgage?
Written by
Polly Gilbert
Updated over a week ago
How does the money from the Deposit Boost reach the buyer?
Written by
Polly Gilbert
Updated over a week ago
What happens if my booster wanted to sell their property or move?
Written by
Polly Gilbert
Updated over a week ago
What is the minimum loan amount for a deposit boost?
Written by
Polly Gilbert
Updated over a week ago
What happens if my booster were to die?
Written by
Polly Gilbert
Updated over a week ago
Is the booster limited to an interest-only mortgage?
Written by
Polly Gilbert
Updated over a week ago
Can my family use their property as a boost if they are retired?
Written by
Polly Gilbert
Updated over a week ago
Am I able to make the interest monthly payments of the Deposit Boost myself instead of my booster paying?
Written by
Polly Gilbert
Updated over a week ago
If my booster is under 55 will you do an interest-only or repayment mortgage for them?
Written by
Polly Gilbert
Updated over a week ago
What is a Retirement Interest Only (RIO) mortgage?
Written by
Polly Gilbert
Updated over a week ago
Is there an age limit for the family member helping with the Deposit Boost?
Written by
Polly Gilbert
Updated over a week ago
Are the interest rates different on a RIO?
Written by
Polly Gilbert
Updated over a week ago
What are the implications of only paying interest each month?
Written by
Polly Gilbert
Updated over a week ago
Will the interest stay the same for the monthly payments on the Deposit Boost?
Written by
Polly Gilbert
Updated over a week ago
How long will the booster have to make the Deposit Boost payments for?
Written by
Polly Gilbert
Updated over a week ago
What's the difference between equity release and a deposit boost?
Written by
Polly Gilbert
Updated over a week ago
Does the boost come from loved ones or from Tembo?
Written by
Polly Gilbert
Updated over a week ago
Can a booster's property be based outside of the UK?
Written by
Polly Gilbert
Updated over a week ago
What type of properties can be used for the deposit boost?
Written by
Polly Gilbert
Updated over a week ago
Can a booster protect their Deposit Boost with a Declaration of Trust?
Written by
Polly Gilbert
Updated over a week ago
Guarantor Mortgage
What is a guarantor mortgage?
Written by
Polly Gilbert
Updated over a week ago
An Income Boost or Deposit Boost doesn't work for me. Do you offer regular guarantor mortgages?
Written by
Polly Gilbert
Updated over a week ago
Can a child be the guarantor for a parent?
Written by
Polly Gilbert
Updated over a week ago