Boost your deposit with their help

Smarter ways for family and friends to help you buy your first home.

Smarter Ways
To get Support

What’s a deposit booster?
Someone you know who wants to contribute to your deposit in different ways.
Who can be a deposit booster?
Someone you know – a friend or family member.
How many deposit boosters can I have?
It’s up to you – there’s no maximum.
Deposit loan

An interest-free loan, from them to you. Pay them back later simply and securely.

Equity loan

An investment in your property that goes up or down with your home’s value. They can cash out when it suits you both (subject to criteria).

Gift

Your booster can always gift, too.
Or turn a loan into a gift later.

Why Deposit Boost?

Two-thirds of first-time buyers get help with their deposit. With high-street lenders, the only way is a gift.

But gifters have to promise they don’t expect to be paid back. And asking for unconditional money is awkward.

With a deposit boost, you’ve got options.

Boosters can often help more, since they’ll get some of it back later. And parents could support more than one child with the same pot of money.

How
IT Works

1

Apply for your Generation Home mortgage.

2

Decide with your booster how they’d like to spread their support. You can mix and match across deposit loan, equity loan, and gift.

3

We’ll set you up with a deposit booster agreement, which makes everything official and keeps everyone protected.

4

Manage deposit loan repayments securely in your dashboard. Equity loan boosters can see what their stake in the property is worth.

deposit boost
mission control

Deposit loans: Repayments handled securely.

Equity loans: See what their stake is worth.

answers for
the group

If you stop paying your mortgage, you could lose your home.