Introducing the Track Record / No Deposit Mortgage for First-Time Buyers

The challenge of saving for a deposit whilst managing rent and household expenses has long been a barrier for many first-time homebuyers. Recognising this issue, innovative lender Skipton Building Society are introducing the Track Record mortgage: a 100%, no deposit mortgage designed to help renters transition into homeownership without the need for a significant deposit.

By evaluating applicants’ rental payment history and affordability, these lenders enable qualified first-time buyers to access a mortgage with no deposit required. This initiative could mark the beginning of a shift from generation rent to generation homeowner, and we’re excited to be involved with ideal first-time buyer properties available at The Reserve at Eden.

The Track Record mortgage offers a 5-year fixed residential rate with up to 100% LTV and no lender arrangement fee. To be eligible, applicants must meet specific criteria. For more information on the Track Record mortgage and to see if you qualify, get in touch with our trusted and award winning Mortgage Advisor: Gail Reid Mortgage Services. Experience the possibility of homeownership without the burden of a large deposit.

The Reserve at Eden offers buyers a selection of 2, 3 and 4 bedroom homes in Central Aberdeen from only £205,995. Email sales@bancon.co.uk or call 01224 900 142 for more information.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.