Generation Home

While our panel mortgage brokers Evolve Financial Solutions will always endeavour to help you find the best deal when financing your new Erris home, we know that sometimes people can need a little extra help when purchasing a new home.

Generation Home is a mortgage lender which launched in 2020 with the aim of making the process of buying a new home easier, faster, and more affordable.

Backed by Natwest, Generation Home offers two mortgage schemes aimed at helping would-be homeowners and home-movers get a better mortgage.

Income Booster

This is where a third party can be added to the mortgage to boost the amount the purchaser can borrow. This person is not on the legal property deeds but is liable for the mortgage.

Although the Income Booster can make mortgage contributions and build up a stake in the property, they are not a guarantor (as their property isn’t used as collateral) and they are not expected to stay on the mortgage for the full term.

Deposit Booster

A Deposit Booster is a friend or family member who is providing financial help towards the purchaser’s deposit. This can be a gift or can be an investment that is paid back monthly or when the house sells or re-mortgages.

Like an Income Booster, a Deposit Booster is not on the legal property deeds.

If either of these schemes sound like they could help you either take your first step on the property ladder or work your way up it, other things to note are:

  • There is no price cap.
  • Interest rates start from as low as 2.65%.*
  • The scheme is open to all buyers, not just first-time buyers.


Need further information? Our friendly sales advisors and panel mortgage brokers Evolve Financial Solutions will be with you every step of the way, helping you to secure the best mortgage and understand the costs of buying a new home with Erris.

*Figure correct at time of publication, 4th January 2022.