Income boosters help you borrow enough to buy a home. They are friends or family who go on the mortgage with you, even though they don't plan to live in the property.

A Gen H income booster helps you borrow more by adding their income to the mortgage.

Everyone on the mortgage is equally responsible for it, including the income booster, but how the repayments are divided is up to you.

An income booster can be removed from the mortgage once you can afford the loan on your income alone.

To preserve a first-time buyer’s stamp duty status, an income booster is not on the property deeds, but they are on the mortgage.

Boosters can simply be on standby to help so long as the other borrowers are making monthly payments in full.

Boosters may choose to contribute regularly and, if they do, they can build up a stake in the property.

Please note, income boosters are required to complete Direct Debit details during the application process, whether they are contributing or not. You can read more about why here.

For mortgages where you have at least a 5% deposit, family members can act as your income booster. This includes:

For mortgages where you have a 20% deposit, friends can be income boosters.

Please reach out if you have any questions around income booster eligibility.