We are your new go-to mortgage provider for first time buyers and here are the reasons why:

We have created a step-by-step guides to support your clients through the house buying process:

First Time Buyers

For joint applications, all applicants must be first time buyers for the application to be classed as a first time buyer case.

These are the criteria we apply to first time buyers:

  • Minimum 6 months continuous employment
  • Maximum term 35 years
  • Capital and Interest repayment type only
95% LTV mortgages

We recognise it can be a struggle for first time buyers to save a deposit. By offering up to 95% LTV house and flat purchases (excluding new build properties) we aim to help even more people on the property ladder.

Cashback options

We’ve created a range of products with first time buyers in mind. Including 1% cashback products and £1,000 cashback products (cashback paid after completion). You can view our product range here.

Gifted deposits accepted

We recognise one of the most challenging parts for your client when buying their first home is saving enough money for a deposit. Due to this, we can accept gifted deposits as part contribution or in full.

Tried and tested affordability assessment

You can check your client's affordability using our purpose built residential affordabilty calculator.

Continuous employment criteria

We require only six months continuous employment when taking out a mortgage.

Help to Buy products

We have an exclusive Help to Buy product range. You can find out more about these on our product range page.

Lifetime ISA

We're offering Skipton Lifetime ISA customers buying their first home £250 cashback on any Skipton mortgage in addition to any cashback offered as an incentive of the product. See our Lifetime ISA guide for our cashback offer terms and conditions and more information about using Lifetime ISA savings to buy a first home.

New builds

New build flats and houses are always popular with first time buyers and we offer up to 95% LTV on them with Shared Ownership products and up to 90% with all other products. Plus, we also give the flexibility of a 9+3 month time limit on mortgage offers for new build applications so we can offer the mortgage product to your clients for longer.

Non-standard flats

Our lending criteria for non-standard flats have been simplified. The minimum property value threshold has been aligned to cover all types and is now £300,000 in London and £150,000 across the rest of the UK. We've also relaxed our LTV restrictions on flats (except for new builds where it is still restricted to 90% LTV). For further detail visit our A-Z lending criteria.

Non-standard flats are defined as:

  • studio flat
  • flat with retail/commercial unit within development
  • ex local authority flat
  • deck access flat
  • flat with mezzanine/galleried floor
Shared Ownership mortgage range

As Shared Ownership becomes more and more popular, our dedicated range of products give your clients more choice. You can find out more on our Shared Ownership page.

Relaxed maximum loan restrictions

We've removed our maximum loan restrictions specific to first time buyers. You can find out more about our maximum loan amounts by visiting our A-Z lending criteria.

Direct access to our underwriters

Sometimes you need a question answering quickly, that's why we give you direct access to our underwriters when you need it.

Soft footprint at DIP

Our online DIP uses a soft credit search. The hard credit search only occurs at full mortgage application stage.

5 stars for service

We've been awarded 5 stars for service for four years in a row by the Financial Adviser Service Awards. You can find out more about how we achieved this by looking at our awards page.

Our pledge to first time buyers

We believe in Real Life Lending for all. This means we treat each first time buyer fairly and with a positive approach, which enables us to be more flexible than ever.

You can find out more on our Real Life Lending page.

Speak to your BDM

BDM Finder


Submit new or manage existing applications on our online mortgage system.

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Product range

Take a look at our range of mortgages designed with first time buyers in mind.

Product range

We have a range of tools including our affordability and monthly payments calculators.

Go to calculators