Great news for [first-time buyers](https://cyborg.finance/first-time-buyer)! Skipton has launched the innovative Delayed Start Mortgage, designed to ease the financial pressures of moving into your new home.

* **No repayments for 3 months**: You can settle in without mortgage payments for the first three months after completion, giving you breathing room to cover moving costs, furniture, or other expenses.
* **Low deposit options**: Borrow up to 95% of the property value, meaning you may only need a 5% deposit.
* **Flexible terms**: Choose a fixed interest rate for 2 or 5 years to suit your budget.
* **Tailored for first-time buyers**: At least one applicant must be a first-time buyer to qualify.

Moving from renting to owning can be costly, with overlapping rent, deposits, stamp duty, and setting up your new home. Skipton’s Delayed Start Mortgage helps by pausing repayments for three months, so you can focus on making your house a home.

Note that interest accrues from day one and is added to your mortgage balance, meaning slightly higher interest over the loan term.

**NOTE** If you do not need a three-month payment holiday, then their are better mortgage products available at a lower cost. Contact us today to explore how this game-changing mortgage can help you confidently step onto the property ladder!

First Time Buyer Mortgage, Pay Nothing for 3 Months!