New Build Boost
Boost your new build budget
How does New Build Boost work?
- What is New Build Boost?
- Who can use New Build Boost?
- What property can I buy with New Build Boost?
- What fees are involved with using New Build Boost?
- Where does the boost come from?
- What are my monthly repayments?
- Can I get a New Build Boost mortgage with another lender?
- How is the mortgage portion of New Build Boost different to a standard mortgage?
- How is the boost different to a typical Gen H deposit boost?
- Why can I only use New Build Boost with Persimmon?
- How is this different from Shared Ownership?
- Who do I owe money to?
- Is New Build Boost a second charge mortgage?
- How and when do I repay the mortgage?
- What happens if I don't pay my mortgage?
- How and when will my property be valued?
- Can I use New Build Boost with an income booster?
Getting a New Build Boost mortgage
Remortgaging with New Build Boost
What is the boost and how does it work?
- What is the boost and how does it work?
- What is an equity loan?
- What does it mean that the boost is interest-free?
- Who funds the boost?
- What is the 5-year equity freeze?
- Who has equity in my home?
- How is my boost calculated?
- How does the boost repayment cap work?
- Can I take less than 15% of the purchase price as a boost?