New mortgage as single lady

krazydiamond

Hi
I recently divorced and had a joint mortgage with my ex husband. The house has been sold and the mortgage now paid off. I have been off the housing ladder for about 2 months . I am now looking to buy a property again and take on a new mortgage in my name only but am unsure as to what mortgage I would qualify for, first time or remortgage? I don't feel either one is relevant to my circumstances but wondered what type of mortgage other people in my situation had taken out. I am a couple of years away from 50 in full time employment if this has any bearing on anything. I have good credit history but my ex husband didn't, I am currently in the process of financially unlinking myself from him with the credit agencies.
Thanks

exiled_red

You aren't re-mortgaging as you don't currently have a mortgage you are looking for a new mortgage deal. Regarding what is out there you should speak to a mortgage broker.

AnotherJoe

A remortgage only applies where you already have a mortage and are replacing it with another.
You'll be applying for a mortgage.

If you are "in the process of unlinking" then I presume that means that actually (a) you are still linked so that's not necessarily good, and (b) you won't have much if any credit record. So start by getting a credit card to build up a history of repayments.

kingstreet

You're a homemover or subsequent purchaser.

After a year or two, some lenders might offer you a FTB product again,

As has been stated, a remortgage is using a new mortgage to repay the existing mortgage on a property in which you will continue to live.