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  • FIRST POST
    • MrsSweeney63
    • By MrsSweeney63 15th Jul 17, 2:18 PM
    • 2Posts
    • 0Thanks
    MrsSweeney63
    Am I a first time buyer?
    • #1
    • 15th Jul 17, 2:18 PM
    Am I a first time buyer? 15th Jul 17 at 2:18 PM
    My husband and I last had a mortgage in 2000 and have been renting ever since.
    Would a mortgage company class us as First time Buyers again now, or not?
    Advice much appreciated.
Page 1
    • PawelK
    • By PawelK 16th Jul 17, 7:18 AM
    • 116 Posts
    • 7 Thanks
    PawelK
    • #2
    • 16th Jul 17, 7:18 AM
    • #2
    • 16th Jul 17, 7:18 AM
    Why would they not? There is no "cut off time" as far as I am concerned but your status would normally be self declared when applying for a mortgage next time.
    • robatwork
    • By robatwork 16th Jul 17, 9:57 AM
    • 3,906 Posts
    • 4,230 Thanks
    robatwork
    • #3
    • 16th Jul 17, 9:57 AM
    • #3
    • 16th Jul 17, 9:57 AM
    Martin Lewis's take on it is that if you have ever purchased a house, anywhere, then you aren't.

    But you should clarify with a mortgage company
    • kingstreet
    • By kingstreet 16th Jul 17, 10:19 AM
    • 31,934 Posts
    • 17,069 Thanks
    kingstreet
    • #4
    • 16th Jul 17, 10:19 AM
    • #4
    • 16th Jul 17, 10:19 AM
    I can think of one or two lenders who will term you FTBs.

    Most won't.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
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