Occasionally Mortgage Shop's comments are featured in the press, here you will find some examples of news stories that we have contributed to featuring Skipton Building Society
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he launch by Skipton Building Society of a deposit-free mortgage, specifically aimed at renters has taken the headlines by storm. Although there are some 100 per cent mortgages in the market, they are few and the difference is they all require a guarantor. So on the face of it, Skipton’s offering looks like a game changer. The experts give their comments: https://www.ftadviser.com/mortgages/2023/05/16/brokers-call-for-more-lender-innovation-after-skipton-100-mortgage-launch/
We reached out to property professionals via PR platform News Page to gauge the industry's reaction to the reintroduction of 100% mortgage products - will we see a surge of activity like during the stamp duty holiday, or thousands plunged into negative equity as house prices cool further? Read the opinions: https://www.propertyreporter.co.uk/what-effect-will-relaunching-zero-deposit-mortgages-have-on-the-housing-market.html
Earlier this week, Skipton Building Society announced their new 100% mortgage scheme that will allow renters who are struggling to save a deposit the chance to get onto the property ladder. It’s the first no-deposit deal that doesn’t require a guarantor’s backing to launch in the UK since 2008 and the reaction to the scheme has split opinion across the financial services sector. We ask Financial Advisers for their opinion. https://ifamagazine.com/article/advisers-and-brokers-react-to-skiptons-100-mortgage/
Skipton Building Society has introduced a range of low rate two-year fixes aimed at helping existing borrowers with payment difficulties, in a move one broker has called "unprecedented". Mortgage Experts comment on this: https://www.ftadviser.com/mortgages/2023/10/10/skipton-launches-3-35-mortgage-to-support-borrowers/#:~:text=Skipton%20Building%20Society%20has%20introduced,broker%20has%20called%20%22unprecedented%22.