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  • Writer's pictureCharlotte Oakley

Have you heard about Skipton’s Track Record mortgage?

Updated: Dec 20, 2023

Many first-time buyers find it difficult to know where to begin when thinking about buying their own home. With rent, bills and everything else that life throws at us, saving for a deposit can be an uphill challenge leaving many people to believe they will never get out of their rent cycle and on to the property ladder.


Skipton, the largest building society in the UK, now offer a 100% mortgage product which requires no deposit. Say hello to the ‘Track Record mortgage’, which has a fixed rate of 5 years so even if other interest rates go up or down, yours will remain the same.




Who can apply for this mortgage?

  • Each applicant is a first-time buyer

  • Each applicant is aged 21 or over

  • You have less than a 5% deposit

  • Each applicant has no missed payments on debts/credit commitments (e.g. mobile phone bill) over the last 6 months

  • You want to borrow up to £600,000

  • You meet the household-to-household criteria

  • You are not looking to buy a new build flat

  • You have proof of having paid at least 12 months' rent in a row, during the last 18 months

  • You must also have experience of paying all household bills (e.g utility bills, council tax etc) for at least 12 months in a row, during the last 18 months.


Your home may be repossessed if you do not keep up with your repayments

There may be a fee for mortgage advice. The precise amount will depend upon your circumstances but will be agreed with you before proceeding.



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