DEPOSIT BOOSTER
Are you able to help a loved one with their deposit?
You have options. Invest alongside the home buyer or gift in smarter ways.
Are you able to help a loved one with their deposit?
You have options. Invest alongside the home buyer or gift in smarter ways.
Deposit Boosters are:
- Friends, family, whoever can help!
- Able to be repaid in a variety of ways
- Able to turn their investment into a gift
Deposit Boosters aren’t:
Questions we hear from BOOSTERS
Can I decide to turn my investment into a gift later on?
Of course! You decide if, when and how much of your investment you’d like to gift to the homeowners. We get that circumstances change.
How am I repaid by the homeowner?
You and the homeowner agree upon a repayment plan that suits you both. This can mean regular payments, or an event such as a remortgage or sale of the property.
Questions we hear from BUYERS
Do I have to pay my investor interest on the loan?
No. They can either provide you with an interest-free loan or take a stake in your property. This means that if your home increases in value, the value of their investment would increase too.
