What is the deposit booster agreement?

The deposit booster agreement is our bespoke loan agreement that lays out the terms of a deposit booster's contribution, details how their financial interest will be ring-fenced, and sets out how repayments are made.

The deposit booster is able to structure their contribution as an interest-free loan or as an equity loan, which takes a financial interest in the property. They can gift all or part of the deposit at any time.

Repayment is managed by Gen H to give further security to the deposit booster. This can all be tracked via your Gen H dashboard.

You can find more information on deposit boosters here.