07/05/2025
A major UK bank has launched a new mortgage designed to give first-time buyers a three-month reprieve from repayments, offering some breathing space as they navigate the initial costs of homeownership.
Skipton Building Society’s ‘Delayed Start Mortgage’ aims to ease the financial burden on new buyers, although its interest will still accrue from the outset, adding to the overall loan balance.
Available to first-time buyers with deposits as low as 5%, the deals offer a range of options to suit varying needs and deposit sizes.
Want to find out more about options available to first time buyers? Get in touch!
Procure Mortgages is a trading style of EW Financial Services Limited, an Appointed Representative of The Right Mortgage Ltd, which is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales no. 11397867. Registered Address : 11 Sloe Lane, Mawsley, Kettering, Northamptonshire, NN14 1TE.
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