Boosters

We allow income boosters and deposit boosters to support a mortgage application.

❗️ Please note that we do not allow either type of Booster to live in the property.

Income boosters

Only close relatives can act as income boosters. A “Close Relative” is defined as parents (including step-parents), children (including step-children), grandparents, siblings (including half-siblings and step-siblings), uncles and aunts (Siblings of parents only).

Deposit boosters

There is no maximum number of deposit boosters for a mortgage application. Deposit boosters do not need to be UK residents however, funds from the deposit booster must come from a UK-based bank account and be in the UK for 3 months prior to funds being released.

Requirements for a deposit booster:

Contact Details (number, email and full name)
National Insurance Number
Date of Birth
Latest 3 year address History
Details regarding deposit contribution; Amount, source and terms (Loan or equity stake)
Proof of Identification & Address (This can be done electronically or by providing documentation)

Checks that are carried out (KYC):

Fraud
PEP, sanction and Media checks
Address
Identification
*Where required, source of fund checks may be carried out.

For further information on the booster propositions:

Income Booster Deposit Booster