A gifted deposit is when a family member gives a home buyer some or all the money for their deposit.
Family Boost mortgage
Are you a first time buyer struggling to save for a deposit? Our Family Boost mortgage means your family puts 10% of the agreed property purchase price into a 3 year fixed term savings account as security instead.
The property will be all yours, and your family will get their savings back, plus interest, as long as your payments are up to date.
Find out more about the Family Boost details and conditions.