It was recently announced that Skipton Building Society will be offering a new 100% mortgage for first time buyers who are currently renting. This is the first no deposit mortgage to be launched in the UK since 2008. We asked one of our independent mortgage advisors to tell us more about the Track Record Mortgage.
This is what the team at Newhomes Mortgage Services shared with us:
Fantastic news for first-time buyers! If you are currently renting but looking to buy your first home, an exciting 100% mortgage product has been launched by Skipton Building Society. You can apply for a mortgage without a deposit. You just need to have rented for a minimum of 12 months within the last 18 months. Give Newhomes the UK's mortgage experts a call today to start taking the first step to owning your dream new home on 01543 464144.