We’ve increased Loan to Value (LTV) lending to up to 90% on New Build flats (previously 85%), as part of our plans to help more first time buyers get a foot on the property ladder.
View our latest lending criteria
“Flats can be a fantastic entry point to the property ladder for many first time buyers. At Skipton, our aim this year is to help 10,000 first time buyers own homes of their own. Updating our lending policy to allow from as little as 10% deposit for new build flats is the latest in a number of updates we have made, as we continue to strive to make things easier for you”
- Rachael Hunnisett, New Build National Account Manager, Skipton Building Society for Intermediaries
