First Time Buyers


The struggles of first-time buyers are well known. Soaring house-price-to-earnings ratios and a chronic shortage of affordable housing means that people have to wait longer to own their own homes.

The good news is that a number of our lenders offer specialist mortgages which are specifically designed to help cash-strapped first-time buyers

The Bank of Mum and Dad

The Generosity of the Bank of Mum and Dad (BoMaD) continues to be a prime mover in the UK housing market. In 2018, it will be the equivalent of a £5.7bn mortgage lender. It’s supporting more people than ever: 27% of all buyers will receive help from friends or family in 2018, up from 25% in 2017 – purchasing almost 317,000 homes.

Read the full Bank of Mum and Dad Report

Potential First Time Buyer mortgage solutions

For first time buyers who may need helping buying their first home.

  • Government Help to Buy schemes
  • Shared ownership
  • Guarantor mortgages
  • Joint borrower sole proprietor
  • Family assist mortgages

Support for you

Which lender?

Details of Government home ownership schemes and the support lenders can provide can be found here.

Mortgage Support Services (MSS) Team  

Our MSS Team can provide assistance in helping you to place your New Build cases. Contact us via email or call us on 01226 230 504 (lines are open between Mon - Fri  9am and 5.30pm, local call charges may apply) .

You can also get in touch via Live Web Chat (via the icon on the right of your screen).

Help to Buy Refinancing Calculator

Skipton Intermediaries provides a helpful Help to Buy Equity Loan Refinancing Calculator which brokers can use to guide their Help to Buy customers on their next move in the mortgage market.


Visit our Events page for details of forthcoming Mortgage Club Events.
Want to find out more on first time buyers? If you have a question or would like further information on accessing the Legal & General New Build Club, contact Craig Hall on 077 3869 6012 or