Boosters

What is a booster?

Written by Miranda Harding
Updated this week

I'd rather get a mortgage on my own. Do I have to use a boost?

Written by Miranda Harding
Updated over a week ago

If I can afford a mortgage alone, are there other benefits to using a boost?

Written by Miranda Harding
Updated over a week ago

What is the impact on inheritance tax for a booster?

Written by Miranda Harding
Updated over a week ago

How do interest rates for an Income Boost compare to regular mortgages?

Written by Polly Gilbert
Updated this week

Will my booster always be on the mortgage?

Written by Polly Gilbert
Updated this week

What is an Income Boost?

Written by Miranda Harding
Updated over a week ago

Can you help me if I have no deposit saved?

Written by Miranda Harding
Updated over a week ago

How old can the person/s providing the Income Boost be?

Written by Miranda Harding
Updated over a week ago

Can I use an Income Boost on a remortgage?

Written by Miranda Harding
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 Miranda Harding
Updated over a week ago

Can one of the joint borrowers on an Income Boost live in another country?

Written by Miranda Harding
Updated over a week ago

What happens if I have an Income Boost and my booster dies?

Written by Miranda Harding
Updated over a week ago

How many people can be on an Income Boost?

Written by Miranda Harding
Updated over a week ago

Is an Income Boost a repayment mortgage or an interest-only mortgage?

Written by Miranda Harding
Updated over a week ago

Will my term be based on the age of the oldest borrower?

Written by Miranda Harding
Updated over a week ago

What is a Deposit Boost?

Written by Miranda Harding
Updated this week

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

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?

Written by Miranda Harding
Updated this week

Can you help me if I have no deposit saved?

Written by Miranda Harding
Updated over a week ago

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

Written by Miranda Harding
Updated this week

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

Written by Miranda Harding
Updated over a week ago

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

Written by Miranda Harding
Updated over a week ago

What happens if my booster wanted to sell their property?

Written by Miranda Harding
Updated this week

What is the minimum loan amount for a deposit boost?

Written by Miranda Harding
Updated over a week ago

What happens if my booster were to die?

Written by Miranda Harding
Updated this week

Is the booster limited to an interest-only mortgage?

Written by Miranda Harding
Updated this week

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

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?

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?

Written by Miranda Harding
Updated this week

What is a Retirement Interest Only (RIO) mortgage?

Written by Miranda Harding
Updated this week

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

Written by Miranda Harding
Updated over a week ago

Are the interest rates different on a RIO?

Written by Miranda Harding
Updated this week

What are the implications of only paying interest each month?

Written by Miranda Harding
Updated this week

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

Written by Miranda Harding
Updated this week

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

Written by Miranda Harding
Updated over a week ago

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

Written by Miranda Harding
Updated over a week ago

Does the boost come from loved ones or from Tembo?

Written by Miranda Harding
Updated over a week ago

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

Written by Miranda Harding
Updated over a week ago

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

Written by Miranda Harding
Updated over a week ago

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

Written by Miranda Harding
Updated over a week ago

What is a guarantor mortgage?

Written by Miranda Harding
Updated over a week ago

An Income Boost or Deposit Boost doesn't work for me. Do you offer regular guarantor mortgages?

Written by Miranda Harding
Updated over a week ago

Can a child be the guarantor for a parent?

Written by Miranda Harding
Updated over a week ago