Can I use New Build Boost with an income booster? | FAQs

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Can I use New Build Boost with an income booster?

Can I use New Build Boost with an income booster?

You can, but they won't be able to build their own share in the property.

M

Written by Megan

Updated over a month ago

Yes, you can add an income booster to your mortgage to boost your budget even further – and even help you with monthly payments.

However, income boosters won’t be able to build their own equity in the home, so any contributions they make will be treated as a gift.

Income boosters are liable for the main mortgage and the boost, just like you are as an owner.

Learn more about income boosters.