can a husband and wife can get separate first time buyer mortgages?

Kynthia

Hoploz wrote: »

I have not seen another post, but it seems to me that this scenario of two FTB homes would be unlikely. A married couple are financially linked, and would be assumed to have one main residence and the other technically a 'second home.' The amount of time spent in each property by each person would not be taken into account.

What is the benefit of being a FTB anyway? I assume since you are asking the question it gives you some sort of financial benefit. Therefore people challenging you regarding tax issues is not unfair.

For CGT and stamp duty one of the properties will be considered a second home. However it's up to the mortgage lenders if they want to give each one of them a ftb product or not, especially if both are going to be lived in by the buyer. There's no legal definition of a ftb. Some may decide not to but there's nothing stopping any that do. Can't married people have individual htb ISAs?