Unlock the potential to buy your home ... without a deposit! 
 
Skipton Building Society have today launched a mortgage product that requires no deposit.  
 
Their 'Track Record Mortgage' is specifically for first time buyers to try and help them get on the property ladder. With most lenders wanting a minimum of 5% - 10% deposit, this could open the door for applicants who pass the affordability checks with lenders but cannot save for the deposit. 
 
The key eligibility criteria is: 
 
• Each applicant must be a First Time Buyer 
 
• Each applicant must be aged 21 or over 
 
• The same people who are renting now (and have been for the last 12 months) must be the same people on the mortgage  
 
• Must have proof of having paid rent for at least 12 months’ in a row, within the last 18 months 
 
• Must also have 12 months experience paying all household bills within the last 18 months 
 
• Each applicant will have no missed payments on debts / credit commitments in the last 6 months 
 
• The monthly mortgage payment must be equal to or lower than the average of the last 6 months rental cost 
 
• The deposit must be less than 5% 
 
• Maximum loan size £600,000 
 
• Not available on New Build flats 
 
 
To find out more, please email victoria@hdconsultants.net 
 
Victoria Bennett 
07305 396 811 
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Head Office address; 109 Maldon Road, Colchester, Essex CO3 3AX (Administration Centre only) 
 
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