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Boosters
Discover our Income Boost & Deposit Boost and get to grips with what a booster is
How do interest rates for an Income Boost compare to regular mortgages?
Will my booster always be on the mortgage?
What is an Income Boost?
Can you help me if I have no deposit saved?
How old can the person/s providing the Income Boost be?
Can I use an Income Boost on a remortgage?
Can I get an Income Boost with a person who will be living with me in the property?
Can one of the joint borrowers on an Income Boost live in another country?
What happens if I have an Income Boost and my booster dies?
How many people can be on an Income Boost?
Is an Income Boost a repayment mortgage or an interest-only mortgage?
Will my term be based on the age of the oldest borrower?
What is a Deposit Boost?
Can I pay the Deposit Boost loan back to my booster in the future?
Am I able to make the interest monthly payments of the Deposit Boost myself instead of my booster paying?
Can you help me if I have no deposit saved?
How does a Deposit Boost affect my booster's home?
Could I get a Deposit Boost if my parents have an existing mortgage?
How does the money from the Deposit Boost reach the buyer?
What happens if my booster wanted to sell their property or move?
What is the minimum loan amount for a deposit boost?
What happens if my booster were to die?
Is the booster limited to an interest-only mortgage?
Can my family use their property as a boost if they are retired?
Am I able to make the interest monthly payments of the Deposit Boost myself instead of my booster paying?
If my booster is under 55 will you do an interest-only or repayment mortgage for them?
What is a Retirement Interest Only (RIO) mortgage?
Is there an age limit for the family member helping with the Deposit Boost?
Are the interest rates different on a RIO?
What are the implications of only paying interest each month?
Will the interest stay the same for the monthly payments on the Deposit Boost?
How long will the booster have to make the Deposit Boost payments for?
What's the difference between equity release and a deposit boost?
Does the boost come from loved ones or from Tembo?
Can a booster's property be based outside of the UK?
What type of properties can be used for the deposit boost?
Can a booster protect their Deposit Boost with a Declaration of Trust?