First-time buyers

Helping people to have a home was our founding purpose in 1853 and getting keys into the hands of more first-time buyers remains at the heart of what we do today.

Lowering the ladder on our first-time buyer range

With all the challenges facing first-time buyers, we felt it was time to act, to bring the ladder closer to your clients and remove some of the upfront costs and barriers that stand in their way.

That’s why we've introduced our first-time buyer range, a selection of products and offers designed to give your clients more opportunity to realise their dream of home-ownership.

  • Up to 5.5x loan to income.
  • Up to 95% loan to value, including on new build houses and flats.
  • £250 cashback for eligible members with a Skipton Lifetime ISA (Terms and conditions [PDF] apply).
  • Up to 40 year terms available.
  • Income Booster (Joint Borrower, Sole Proprietor) mortgage.
  • Free standard valuation for mortgage purposes.
  • No completion fee on our first-time buyer exclusive products.
  • Fixed rate options.
  • Discounted home surveys by Connells.
  • Delayed Start mortgages – mortgage repayments are deferred for the first three months.

More options for first-time buyers

  • Our Track Record mortgages offer first-time homebuyers with a recent 12-month track record of paying rent up to 100% LTV, to help them buy their own home (eligibility criteria apply).
  • Income Booster mortgage scheme (Joint Borrower Sole Proprietor) - we allow up to four applicants and supporting borrowers don't have to be related to the main applicant to qualify.
  • Products available for major government schemes including First Homes England and Shared Ownership.
  • With our Delayed Start mortgages, your clients can delay their mortgage repayments for their first three months – giving them time to settle in.

"Skipton Building Society was founded in 1853 to help people own their own homes, and 170 years later, we’re still here, doing just that. From innovative products to common sense criteria, we’re here to support you in getting your clients the keys to their first home."

Jen Lloyd, Head of Mortgage Products and Propositions

Helpful information for your first-time buyers

Read our step-by-step guide to support your clients through the house-buying process:

If you want to work with a lender who makes things easier, speak to your local Skipton Building Society for Intermediaries BDM today.

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0345 601 6683