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Nationwide save to buy - joint with non FTB?
lawlie
Posts: 84 Forumite
Hello all,
I am hoping that you could help me with a question I have on the Nationwide Save to Buy savings account and mortgage.
I am a FTB. My partner is not. He is not a homeowner, but sold his house (and repaid the related mortgage) about one year ago.
For this reason, he is does not have FTB status in the eyes of Nationwide (I noted that some banks consider FTBs as a person who has not had a mortgage in 12 months, but for Nationwide it is 36). The Save to Buy account is also available to Home Movers, being "someone who is moving home and has an existing mortgage that must be repaid on completion of the Save to Buy mortgage."
My question is, could we open a joint account and apply for a FTB mortgage together, because of my status, or is this some sort of limbo that has not been thought through?
Thank you
I am hoping that you could help me with a question I have on the Nationwide Save to Buy savings account and mortgage.
I am a FTB. My partner is not. He is not a homeowner, but sold his house (and repaid the related mortgage) about one year ago.
For this reason, he is does not have FTB status in the eyes of Nationwide (I noted that some banks consider FTBs as a person who has not had a mortgage in 12 months, but for Nationwide it is 36). The Save to Buy account is also available to Home Movers, being "someone who is moving home and has an existing mortgage that must be repaid on completion of the Save to Buy mortgage."
My question is, could we open a joint account and apply for a FTB mortgage together, because of my status, or is this some sort of limbo that has not been thought through?
Thank you
0
Comments
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I thnk nationwides save to buy is purely for first time buyers... but any question like this its always best to ask the actual company concerned.I am a Mortgage AdviserYou 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.0
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