Yorkshire Building Society has partnered Doshi to provide would-be homeowners an online learning programme designed to guide them through the process of applying for a mortgage and buying a home.

The new tool can be accessed via the mortgage section of the mutual’s website.

Research from Yorkshire Building Society shows that lack of knowledge is a major blocker for would-be property owners.

It found that 18% feel knowledgeable about mortgages and 14% don’t know what financial factors are important when applying for a mortgage.

The society’s recent poll of 2,000 people suggested that 45% recognised that a good credit score is important when they apply for a mortgage, and 34% thought being able to repay debts mattered.

YBS senior manager for digital mortgage and enabling services Geddy Meguyer says: “We know from customer research that people feel more confident in their decision making when they are informed and know what to expect, which is why we are trialling this new learning tool, aimed at helping first-time buyers understand more about the home-buying process.”

Doshi chief executive officer Daniel Rose adds: “Partnering with Yorkshire Building Society to empower aspiring homeowners is a significant step toward making homeownership more accessible.”