Using a Booster
Increase your affordability or deposit with a Booster (guarantor)
By Polly1 author42 articles
- 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?