More women are planning to step onto the property ladder alone rather than with a partner according to new research from Skipton Building Society.
The lender’s nationwide study of aspiring female first-time buyers found that 37% intend to purchase solo, compared with 35% who plan to buy with a partner.
Independence is the key driver, with 50% citing it as their main motivation. Some 41% want full control over where they live, while 36% see solo homeownership as a long-term investment in their future.
AFFORDABILITY PRESSURES
However Skipton’s data shows 38% struggle to save for a deposit on one income, 37% worry about covering legal and survey costs alone, and 34% are concerned about mortgage approval without a second income to support affordability.
Despite this, determination is high with none out of 10 (89%) saying achieving homeownership independently is important to them.
Skipton is positioning its Track Record Mortgage – a 100% loan-to-value product for renters with a strong and consistent rental payment history – as one potential solution for those locked out by traditional deposit requirements.
OVERWHELMING CHALLENGE
Jen Lloyd, head of mortgage products and proposition at Skipton Building Society, said “Our research shows that solo buyers, particularly women, are incredibly driven, yet face a disproportionate number of barriers.
“From saving for a deposit on one income to covering all the upfront costs alone, the challenges can feel overwhelming. But they shouldn’t stand in the way of people pursuing homeownership on their own terms.”
MAKING A DIFFERENCE
She added: “It’s clear there’s strong demand for more flexible, accessible products that reflect how people live today. As a building society founded on fairness, we’re committed to designing solutions that genuinely make a difference.
“That’s why we created our Track Record Mortgage – to support renters who are financially ready to buy but locked out by traditional deposit requirements.
“We also want to raise greater awareness of support already available, so solo buyers feel seen, supported and confident on their path to owning a home.”
