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am i definitely not a first time buyer?
danlightbulb
Posts: 945 Forumite
I previously owned a property when i was married. But when i got divorced my ex wife took on the house and i got nothing from it at all. ive been renting since. This happened in approx 2012 so nearly 7 years ago.
I am therefore, for all practical purposes, in the same position as any first time buyer. Ive had to save a deposit from scratch, im renting now, nothing to sell, no chain etc.
Can i state im a first time buyer? My old mortgage is gone off my credit record now. What checks will they make on this?
I am therefore, for all practical purposes, in the same position as any first time buyer. Ive had to save a deposit from scratch, im renting now, nothing to sell, no chain etc.
Can i state im a first time buyer? My old mortgage is gone off my credit record now. What checks will they make on this?
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Comments
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It depends on which organisation you are asking.
The government or a mortgage lender?
The rules are different.
Even the government has had different rules in the past - depending on HTB, stamp duty thresholds etc.0 -
Much the same answer as the last time you asked this, with the update that you're not a FTB for SDLT purposes either.0
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Much the same answer as the last time you asked this, with the update that you're not a FTB for SDLT purposes either.
And the word definitely0 -
Do you really need clarification on what ‘first time’means?
It’s not ‘only house buyer’ or ‘buyer who doesn’t own a house currently’
First. Time.0 -
I mean, seriously...?danlightbulb wrote: »I previously owned a property
...
Can i state im a first time buyer?0 -
Sometimes people don't want to accept the obvious .0
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Ask yourself - is this the first time you are buying a house?
No. You have owned one before.
Then you are not a first time buyer.0 -
Id completely forgot Id asked the question before.
Its just unfair really. I am in exactly the same position as a first time buyer financially yet they get the HTB bonus and stamp duty exemption. It would make a huge difference.
How can they find out? I never paid stamp duty on previous house as it was under threshold, and its gone from credit file now.0 -
danlightbulb wrote: »Id completely forgot Id asked the question before.
Its just unfair really. I am in exactly the same position as a first time buyer financially yet they get the HTB bonus and stamp duty exemption. It would make a huge difference.
How can they find out? I never paid stamp duty on previous house as it was under threshold, and its gone from credit file now.
I think also it may be classed as fraud if you were found out. Worth the risk ??0 -
danlightbulb wrote: »Id completely forgot Id asked the question before.
Its just unfair really. I am in exactly the same position as a first time buyer financially yet they get the HTB bonus and stamp duty exemption. It would make a huge difference.
How can they find out? I never paid stamp duty on previous house as it was under threshold, and its gone from credit file now.
1: land registry
2: risk of prison
It's not 'unfair', time to grow up abit I think0
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