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Do I qualify as first time buyer in UK if I purchased a flat in Spain but sold it years ago?

Hi. We're looking to buy a property in the UK. Could anyone clarify if we qualify as first time buyers if we owned a flat in Spain but sold it 2 years ago? Thank you.

Comments

  • In what context?

    But generally, no.  You're not a first time buyer, you're a second time buyer.
  • marcia_
    marcia_ Posts: 4,181 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper
    Hi. We're looking to buy a property in the UK. Could anyone clarify if we qualify as first time buyers if we owned a flat in Spain but sold it 2 years ago? Thank you.
     No you are not a first time buyer doesn't matter that the flat was not in the uk or that you have sold it. 

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  • propertyrental
    propertyrental Posts: 3,391 Forumite
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    Surely the context is relevant?
    Yes, so far as HMRC is concerned, and SDLT/LTT OP is not a FTB.
    Same (I believe) regarding eligibility to HTB ISAs etc.
    But banks and mortgage lenders have their own criteria and (again I believe) some/all used to judge based on whether the applicant had an existing/current property and/or mortgage.

    Happy to be corrected.
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