Are you trapped in the rental cycle and struggling to save enough deposit to get onto the property ladder? There is a 100% deposit-free product available exclusively to Skipton Building Society, that allows buyers who haven't owned a property in the last three years to purchase a home.
What is a Track Record Mortgage?
It is a mortgage aimed at those renting who wish to purchase a property of their own that doesn't require a deposit. The mortgage will be on a fixed rate for five years, and you won't be charged a completion fee for the mortgage.
Who can apply?
Sole Applicants:
Joint Applicants (up to four people):
New criteria as of September 2024:
To find out if this is the right product for you, or to discuss others, give us a call: 01628 507477.
8 days ago
There has been a rise in both rent and mortgage costs over the last three years, with renters seeing a greater increase in their monthly payments than those with a mortgaged property.
14 days ago
The new Delayed Start Mortgage launched by Skipton Building Society allows first time buyers to postpone the first three mortgage payments. This product has been designed to help soften the blow of moving in costs for first time buyers.
22 days ago
A recent study by Boon Brokers where 1,000 people who had used an estate agent over the last year were surveyed, showed that a whopping 52% said they were pressured into using the estate agents’ in-house mortgage broker.