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Am I a first time buyer?
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Dawnekinns
Posts: 1 Newbie
Hi, I currently own a property which is rented out. (This is in my name only). Me and my husband are looking into buying a property together. Would we be classed as 1st time buyers ?
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I wouldn't call you a first time buyer,
but then what do i know.
I think 'cos you already own a property you'd be classed as a second time buyer.Liverpool is one of the wonders of Britain,
What it may grow to in time, I know not what.
Daniel Defoe: 1725.
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Its unlikely to make any difference in terms of deals available but I wouldnt class you as a first time buyer.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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I think the fact that you are even asking the question probably means you aren't, don't you?0
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What percentage deposit do you have for the new property?
Is the rented property on a Buy to Let mortgage or Consent to Let?
Not first time buyers as you own a property.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 -
So you're buying your second house?
Question answered.0
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