Boosters

How can they help me buy?

Sophia Guy-White avatar A Millie avatar +1
20 articles in this collection
Written by Sophia Guy-White, Ashley Currie, Millie and 1 other
Income Booster

What is a mortgage income booster?

We make it easier to get on the property ladder. Add an income booster to enhance your mortgage. Learn more with our income booster video.
Sophia Guy-White avatar
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 an income booster be retired?

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

How many owners and income boosters can I have on my mortgage?

You can have up to six people on a Generation Home mortgage, this includes income boosters.
Millie avatar
Written by Millie
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 over a week ago

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