First-time buyers

First-time buyer products, built different. When it comes to finding innovative solutions for your first-time buyer clients, we’re the place to go. Our products are built to help them break through the barriers they’re facing, our products are built different.

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 100% loan to value, including on new build homes.
  • £250 cashback for eligible members with a Skipton Cash 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.

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 their first three months – giving them time to settle in. Please note, interest does accrue from day 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

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.

Need help?

Find a BDM

Log in to eMortgages to find your local BDM.

eMortgages

Call us

If you need more help, we'd be happy to assist.

0345 601 6683