Skipton Building Society has built a reputation as a flexible, borrower-friendly lender, especially for first-time buyers, contractors, self-employed clients, and those using shared ownership or affordable housing schemes. Their Deposit-Free Track Record Mortgage has made headlines, and their overall approach is designed for people with real-world income.
At Mortgage Knight, we often recommend Skipton for clients who need something a little different — whether that’s no deposit, contract-based income, or shared ownership staircasing.
Whether you’re a freelancer, renting with no deposit, or buying a shared ownership home, Skipton offers flexible, accessible mortgage solutions for today’s buyers.
Speak to Mortgage Knight today, and we’ll walk you through your options with Skipton — ensuring you get the support you need and the mortgage you deserve.
A: It’s a no-deposit mortgage for first-time buyers who have paid rent consistently for at least 12 months. The monthly mortgage must be no more than the average rent paid in that time.
A: Yes. Skipton accepts 1 year of accounts or SA302s, especially if you’ve been in the same industry prior to becoming self-employed.
A: Absolutely. Day-rate contractors and freelancers are welcome, with income calculated from contract value or recent income history. Umbrella workers also considered.
A: Yes. Skipton is one of the most supportive lenders for shared ownership — lending up to 95% of your share, and happy to support staircasing later on.
A: Deposit requirements range from 0% (Track Record Mortgage) to 5–10% for most other products. Better rates unlock with higher deposits.
A: Yes. Skipton supports new build houses and flats, including builder incentives and Help to Buy-style structures (where applicable).
A: Yes. Capital raising is allowed for most common purposes, including home improvements, debt consolidation, or deposit for a family member.
A: You can apply directly, but working with Mortgage Knight means we handle the packaging, affordability check, and communication, so your case is cleanly presented and moves faster.
