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Am I a first time buyer?

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  • The individual lenders all define 'first time buyer' differently (as they define many definitions differently) - the OP would (based on our current information database) pass as a 'first time buyer' for at least the majority of lenders, without any need to misrepresent his position in any way.
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  • OP why do you want a Skiptons mortgage? Their rates are shocking. Over 6% while base rate is 0.5%, big arrangement fees and a rate of base + 4.5% when the fix ends. Truely awful deals.
  • OP why do you want a Skiptons mortgage? Their rates are shocking. Over 6% while base rate is 0.5%, big arrangement fees and a rate of base + 4.5% when the fix ends. Truely awful deals.

    I have a property to sell overseas, but I'm desperate to purchase a home in a rural(ish) location, and a very rare opportunity has arisen. I'm looking for something that can get us in there with a low deposit, with the intention of selling the overseas property and paying off the mortgage within 2 years. That was my reasoning behind it. I'm no expert at these things, so any advice would be appreciated!
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