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Am I a first time buyer?
MrsSweeney63
Posts: 2 Newbie
My husband and I last had a mortgage in 2000 and have been renting ever since.
Would a mortgage company class us as First time Buyers again now, or not?
Advice much appreciated.
Would a mortgage company class us as First time Buyers again now, or not?
Advice much appreciated.
0
Comments
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Why would they not? There is no "cut off time" as far as I am concerned but your status would normally be self declared when applying for a mortgage next time.0
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Martin Lewis's take on it is that if you have ever purchased a house, anywhere, then you aren't.
But you should clarify with a mortgage company0 -
I can think of one or two lenders who will term you FTBs.
Most won't.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. Please do not send PMs asking for one-to-one-advice, or representation.0
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