Gen H

Our income boosters go on the mortgage to help you afford more and make it easier to get on the property ladder.

What is an income booster?

Unfortunately, you cannot use the booster features if you plan to use the Help to Buy scheme.

Can I use Help to Buy with a booster?

Yes, your income booster could be retired, but you would need to factor in the below information.

Can an income booster be retired?

You can have up to six people on a Gen H mortgage, this includes income boosters.

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

No, an income booster is not the same as a guarantor, but the roles are similar.

Is an income booster the same as a Guarantor?

The income booster is our spin on a Joint Borrower, Sole Proprietor (JBSP) mortgage.

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

Income boosters can lend a hand without paying a penny if they don't want to.

Does an income booster have to contribute to the mortgage?

Your income booster must have at least a "good" credit score.

Can my income booster have bad credit?

Yes, you can be an income booster for more than one person, but this will be subject to your financial position.

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

This will depend on your financial circumstances.

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

You can remove an income booster with a remortgage.

How can I remove my income booster?

Alison

John Cullen

Tanisha Anand

Income Booster

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