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Possibly a daft question
samuela66
Posts: 1,203 Forumite
Afternoon
We are looking at selling our house and if nothing becomes available that we want, we are going to rent a while until we do find something, would we be classed as first time buyers if this happens
thanks
sam
We are looking at selling our house and if nothing becomes available that we want, we are going to rent a while until we do find something, would we be classed as first time buyers if this happens
thanks
sam
Sam B
0
Comments
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If over 12 months renting then most lenders would yes, whilst some would only class you as FTB if you have never had a mortgaged property before.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.0
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