Boost

Boost provides home co-investments to help young adults with the deposit they need to buy their first home. Most first time buyers get a mortgage for 80% of the purchase price, meaning they need a 20% deposit. We double the amount they already have, so if they've saved up 10% we give them another 10%. After they buy, they pay their mortgage each month, but they don't pay us a thing until they sell their home. When they sell, the amount they pay to us depends on whether the value of their home has risen or fallen since they purchased it. Boost recently received investment from Santander and is currently participating in the 'Launch Lab' accelerator programme in London.