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 £1,500 cashback* on selected products.
  • Up to 5.5x loan to income on up to 90% 'LTV'.
  • Extra £250 cashback for Skipton Lifetime ISA customers. (Terms and conditions apply.)
  • Up to 40 year terms available.
  • Income Booster (Joint Borrower, Sole Proprietor).
  • Free standard valuation for mortgage purposes.
  • No completion fee on our first-time buyer exclusive products.
  • Up to 95% LTV (including new build houses and flats).
  • Fixed rate options.
  • Discounted home surveys by Connells.

*The £1,500 cashback is only on selected products, the minimum loan size is £125,000. Cashback is paid following the completion of your client's home purchase.

More options for first-time buyers

  • Our Track Record mortgage offers 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 mortgages (Joint Borrower Sole Proprietor) - we allow up to 4 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.
  • Explore the affordability of buying and living in a home across Great Britain, with Skipton Group’s Homes Affordability Index. The index gives you a clearer insight into the true cost of home ownership in your clients’ ideal location, providing you with more details to inform any affordability discussions you may have during their application process. You can view the Affordability index on the Skipton Group website.

"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 attractive product rates 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

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

0345 601 6683