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