The Financial Reporter reported this today

Excerpts from the Financial Reporter: “Skipton Building Society has enhanced its 'Delayed Start' offering which is designed to give first-time buyers breathing space after completing on their mortgage. The updated product now offers greater flexibility, allowing customers to choose between a one, two or three-month delay before their first mortgage repayment is due. In addition, Skipton has extended the availability of the product to be overlaid onto its shared ownership products or 100% Track Record Mortgage, which allows renters with a strong history of paying rent on time to buy their first home without needing a deposit. next step". Jen Lloyd, head of mortgage products at Skipton, said: “Buying your first home should be an exciting milestone, but for many, the financial pressures of moving can feel overwhelming. That’s why we are pleased to enhance our Delayed Start Mortgage, to give buyers more choice, flexibility, and breathing space when they need it most. "We believe it’s only fair to offer options that reflect people’s unique circumstances, because no two home buying journeys are the same. Whether it’s delaying repayments for one, two, or three months, or combining this feature with our 100% Track Record Mortgage or shared ownership options, we’re committed to helping buyers manage those upfront costs and settle into their new home.””