100% Mortgage for New Homes

If you’re renting but looking to buy your first home, Skipton Building Society is offering a 5-year fixed mortgage with no deposit needed.

The Track Record Mortgage is exclusively for renters aged over 21, who will not require a cash deposit to buy their first home. Instead, potential buyers must pass a credit and affordability check, as well as provide evidence of a minimum of 12 months’ on-time rent and household utility payments.


What is a Track Record Mortgage?
A mortgage for renters

Use your track record of paying rent to work out what you may be able to borrow.

Fixed rate for 5 years

The interest rate on this mortgage is fixed for 5 years, meaning your rate won’t change during this time period.

No deposit needed

Skipton will accept a deposit of less than 5%, however, you do not need a deposit to apply for this mortgage.

No completion fee

Skipton won’t charge you any fees for the completion of this mortgage.


Who can apply for the Track Record Mortgage?
  • Applicants must be aged 21 or over
  • You haven’t owned a property in the UK in the last 3 years
  • There must be no missed payments on any debts or credit commitments in the last 6 months
  • You want to borrow up to £600,000 and have paid all rent for 12 months in a row, within the last 18 months. You may also be asked to provide proof of payments of household bills.


While we aim to feature some of the best products available, this doesn’t include all available products from across the market. Although the information provided is believed to be accurate at the date of publication, always check with the product provider to ensure that figures are the most up to date.

When buying brand new with Mulgrave, you can access expert advice from our recommended mortgage advisers, who can help you to understand the process, compare different options, and guide you through the application.

You will also be able to access exclusive deals + rates available from various lenders, and receive a dedicated service that supports you throughout the whole process, from finding your new home to moving in and beyond.

Contact our sales team to ensure that you receive the very best rate of interest for your mortgage, as well as access to major lenders and products not available on the High Street.

There are additional benefits our recommended financial advisors can provide, and there’s no fee for administration.

If you want to see what your monthly mortgage payments might look like, our Mortgage Calculator will crunch the numbers. Please note that average mortgage costs can vary between sources depending on how the data is gathered.

Further information about the Skipton Track Record Mortgage and eligibility criteria can be found here.