Boosters

Discover our Income Boost & Deposit Boost and get to grips with what a booster is

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44 articles in this collection
Written by Polly Gilbert and Miranda Harding
Deposit Boost

What is a Deposit Boost?

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Written by Miranda Harding
Updated over a week ago

Can I pay the Deposit Boost loan back to my booster in the future?

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Written by Miranda Harding
Updated over a week ago

Am I able to make the interest monthly payments of the Deposit Boost myself instead of my booster paying?

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Written by Miranda Harding
Updated over a week ago

Can you help me if I have no deposit saved?

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Written by Miranda Harding
Updated over a week ago

How does a Deposit Boost affect my booster's home?

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Written by Miranda Harding
Updated over a week ago

Could I get a Deposit Boost if my parents have an existing mortgage?

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Written by Miranda Harding
Updated over a week ago

How does the money from the Deposit Boost reach the buyer?

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Written by Miranda Harding
Updated over a week ago

What happens if my booster wanted to sell their property or move?

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Written by Miranda Harding
Updated over a week ago

What is the minimum loan amount for a deposit boost?

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Written by Miranda Harding
Updated over a week ago

What happens if my booster were to die?

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Written by Miranda Harding
Updated over a week ago

Is the booster limited to an interest-only mortgage?

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Written by Miranda Harding
Updated over a week ago

Can my family use their property as a boost if they are retired?

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Written by Miranda Harding
Updated over a week ago

Am I able to make the interest monthly payments of the Deposit Boost myself instead of my booster paying?

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Written by Miranda Harding
Updated over a week ago

If my booster is under 55 will you do an interest-only or repayment mortgage for them?

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Written by Miranda Harding
Updated over a week ago

What is a Retirement Interest Only (RIO) mortgage?

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Written by Miranda Harding
Updated over a week ago

Is there an age limit for the family member helping with the Deposit Boost?

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Written by Miranda Harding
Updated over a week ago

Are the interest rates different on a RIO?

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Written by Miranda Harding
Updated over a week ago

What are the implications of only paying interest each month?

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Written by Miranda Harding
Updated over a week ago

Will the interest stay the same for the monthly payments on the Deposit Boost?

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Written by Miranda Harding
Updated over a week ago

How long will the booster have to make the Deposit Boost payments for?

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Written by Miranda Harding
Updated over a week ago

What's the difference between equity release and a deposit boost?

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Written by Miranda Harding
Updated over a week ago

Does the boost come from loved ones or from Tembo?

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Written by Miranda Harding
Updated over a week ago

Can a booster's property be based outside of the UK?

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Written by Miranda Harding
Updated over a week ago

What type of properties can be used for the deposit boost?

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Written by Miranda Harding
Updated over a week ago

Can a booster protect their Deposit Boost with a Declaration of Trust?

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Written by Miranda Harding
Updated over a week ago