Gen H

The boost is a 15% interest-free equity loan that's frozen for 5 years.

What is the boost and how does it work?

In the New Build Boost mortgage scheme, your equity loan is a loan tied to the value of your home.

The 15% boost is an interest-free equity loan. The amount you need to pay back could change, but you won't ever pay interest on it.

Your boost is an equity loan that is frozen for 5 years. After 5 years, it will step up or down to reflect changes in your property's value.

For your boost, you'll never have to pay back more than twice what you borrowed.

Your boost will be equal to 15% of your property's value.

If you buy with New Build Boost, nobody will hold equity in your home but you.

Your 15% interest-free boost is supported by the house builder you're buying from.

The boost is always 15% of the purchase price of your property.

The finer details of your 15% interest-free equity loan

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