First-time buyers

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 (over 5x LTI applicable to our LTI Booster product range or government schemes only, subject to eligibility. Please refer to our current Products page for further information).
Up to 100% loan to value, including on New Build houses (max LTV for New Build flats is 95%).
£250 cashback for eligible members with a Skipton Cash Lifetime ISA (Terms and conditions [PDF] apply) for mortgages completing by 30 June 2027.
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 mortgage – mortgage repayments are delayed for up to the first three months (one, two or three months - depending on the product chosen) upon completion. Interest will accrue from day one.

Subject to eligibility and lending criteria.

More options for first-time buyers

Our Track Record mortgages offer renters (or people who haven't owned a property in the last three years) with a recent 12-month track record of paying rent up to 100% LTV, to help them buy their own home.
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 up to the first three months (one, two or three months - depending on the product chosen) upon completion – giving them time to settle in. Interest will accrue from day one. This means your clients will pay more in interest over the term of the mortgage and their monthly payments will be slightly higher than if they had started paying in month one.

"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