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How is this different from Shared Ownership?
How is this different from Shared Ownership?

With New Build Boost, you own 100% of your home. You don't have to pay us rent and there are no restrictions over who you can sell to.

M
Written by Megan
Updated over 6 months ago

With New Build Boost, you own 100% of your home.

The 15% interest-free boost is a loan just like your main mortgage, just with different repayment conditions.

That means that, unlike shared ownership, you don’t have to pay us rent and there are no restrictions over who you can sell to in the future.

You'll just have to repay your boost at sale.

And though the boost is supported by your housebuilder, they have no rights over your property – only we do, which is usual for a mortgage lender.

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