Barclays Mortgage Boost "arrives like a breath of fresh air"

This is a great innovative market offering but whilst a number of lenders offer this, very few have an impressive product. Parental age can usually be the blocker on these type of arrangements so flexibility is needed to split the terms amongst other things.

Barclays' new Mortgage Boost scheme arrives like a breath of fresh air in today's challenging property market, offering first-time buyers a clever way to stretch their borrowing capacity without having to scrape together a larger deposit. It's particularly welcome timing, given the current squeeze on affordability. While a few lenders have dipped their toes into similar waters, having a major player like Barclays join the party adds significant credibility to this type of lending innovation. In a market where every pound of borrowing power counts, this could be the difference between young buyers securing their dream home or spending another year watching property prices from the sidelines.