Boosters

How can they help me buy?

Sophia Guy-White avatar Evie avatar Erik Edin avatar +4
25 articles in this collection
Written by Sophia Guy-White, Evie, Erik Edin and 4 others
Income Booster

What is an Income Booster?

Watch our Income Booster video to find out more!
Sophia Guy-White avatar
Written by Sophia Guy-White
Updated over a week ago

Who can be an income booster?

Members of your immediate family can act as your income booster: parents, grandparents, siblings, aunts or uncles.
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Written by Sophia Guy-White
Updated over a week ago

Why do Income Boosters need to set up Direct Debits?

We require direct debit mandates from income boosters to provide ease and flexibility should they want or need to contribute.
Millie avatar
Written by Millie
Updated over a week ago

Can I use Help to Buy with a booster?

Unfortunately, you cannot use the booster features if you plan to use the Help to Buy scheme.
Sophia Guy-White avatar
Written by Sophia Guy-White
Updated over a week ago

Can an income booster be retired?

Yes, your income booster could be retired, but you would need to factor in the below information.
Connor avatar
Written by Connor
Updated over a week ago

How many Income Boosters are allowed on the mortgage?

You can have up to six people on the mortgage, this includes income boosters.
Evie avatar
Written by Evie
Updated over a week ago

Is an income booster the same as a Guarantor?

No, an income booster is not the same as a guarantor, but the roles are similar.
Sophia Guy-White avatar
Written by Sophia Guy-White
Updated this week

Is an income booster the same as a Joint Borrower, Sole Proprietor mortgage?

The income booster is our spin on a Joint Borrower, Sole Proprietor (JBSP) mortgage.
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Written by Sophia Guy-White
Updated over a week ago

Does an income booster have to pay every month?

An income booster can choose whether to contribute to the mortgage and if so, how much they wish to pay.
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Written by Sophia Guy-White
Updated over a week ago

Can my Income Booster have bad credit?

Your income booster must have at least a "good" credit score.
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Written by Sophia Guy-White
Updated over a week ago

Can I be an Income Booster on more than one mortgage?

Yes, you can be an income booster for more than one person, but this will be subject to your financial position.
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Written by Sophia Guy-White
Updated over a week ago

Can I take out another mortgage if I am an income booster?

This will depend on your financial circumstances.
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Written by Sophia Guy-White
Updated over a week ago