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  • FIRST POST
    • happysalior
    • By happysalior 13th Jun 19, 10:38 AM
    • 2Posts
    • 0Thanks
    happysalior
    Help to Buy ISA for 'First time buyer'
    • #1
    • 13th Jun 19, 10:38 AM
    Help to Buy ISA for 'First time buyer' 13th Jun 19 at 10:38 AM
    Hi all,

    I have just a quick query - I am looking at the Help to Buy ISA's available at the moment, however they are saying you must NEVER have owned a property before.

    I purchased a property roughly 10-12 years ago and subsequently sold it a few years later - when I spoke with a mortgage advisor recently they told me that because I brought the property over 6 years ago, technically I would still be considered a 'First time buyer'.

    Could anybody help as to weather this is true and I could still apply for an ISA?

    Many Thanks for any help x
Page 1
    • aries_163
    • By aries_163 13th Jun 19, 11:25 AM
    • 70 Posts
    • 56 Thanks
    aries_163
    • #2
    • 13th Jun 19, 11:25 AM
    • #2
    • 13th Jun 19, 11:25 AM
    Some lenders may consider you a FTB as you haven’t had a mortgage for a few years, but no you are not eligible for other government FTB initiatives - isa, stamp duty relief.
    • kingstreet
    • By kingstreet 13th Jun 19, 12:18 PM
    • 35,515 Posts
    • 19,419 Thanks
    kingstreet
    • #3
    • 13th Jun 19, 12:18 PM
    • #3
    • 13th Jun 19, 12:18 PM
    when I spoke with a mortgage advisor recently they told me that because I brought the property over 6 years ago, technically I would still be considered a 'First time buyer'
    Originally posted by happysalior
    This twice about trusting such a person with your business.

    As aries says, some lenders may choose to give you an FTB product but the Government does not consider you a FTB.
    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.
    • happysalior
    • By happysalior 13th Jun 19, 1:01 PM
    • 2 Posts
    • 0 Thanks
    happysalior
    • #4
    • 13th Jun 19, 1:01 PM
    • #4
    • 13th Jun 19, 1:01 PM
    Thank you for clarifying that for me ��
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