Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • SammyN
    • By SammyN 16th May 18, 2:04 PM
    • 5Posts
    • 0Thanks
    SammyN
    Are we classed as a first time buyer?
    • #1
    • 16th May 18, 2:04 PM
    Are we classed as a first time buyer? 16th May 18 at 2:04 PM
    Hi all, my partner and I are looking to buy a house this year. I have never bought/owned a property, but he owned a house with his ex partner. When they separated over three years ago they sold the house, so he no longer has a mortgage. My partner and I currently rent. I'm not sure if we would qualify for not paying stamp duty either... any advice is much appreciated, thank you.
Page 1
    • jonnygee2
    • By jonnygee2 16th May 18, 2:16 PM
    • 308 Posts
    • 308 Thanks
    jonnygee2
    • #2
    • 16th May 18, 2:16 PM
    • #2
    • 16th May 18, 2:16 PM
    Unfortunately to be a first time buyer, it has to be your first time buying a house.

    You will not get stamp duty relief on your purchase. Sorry.
    • SammyN
    • By SammyN 16th May 18, 2:46 PM
    • 5 Posts
    • 0 Thanks
    SammyN
    • #3
    • 16th May 18, 2:46 PM
    • #3
    • 16th May 18, 2:46 PM
    Unfortunately to be a first time buyer, it has to be your first time buying a house.

    You will not get stamp duty relief on your purchase. Sorry.
    Originally posted by jonnygee2
    Thank you for your reply. I've heard different things by looking through forums so it's a bit puzzling! I appreciate your response, thanks
    • Pixie5740
    • By Pixie5740 16th May 18, 2:52 PM
    • 12,919 Posts
    • 18,573 Thanks
    Pixie5740
    • #4
    • 16th May 18, 2:52 PM
    • #4
    • 16th May 18, 2:52 PM
    Thank you for your reply. I've heard different things by looking through forums so it's a bit puzzling! I appreciate your response, thanks
    Originally posted by SammyN
    You could always go straight to the horse's mouth...

    https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/661728/8274_guidance_note_SDLT_relief_for_first_time_buye rs.pdf

    jonnygee2 is correct though, your partner is not a FTB in terms of the SDLT relief therefore if you jointly purchase a property with your partner you will not qualify for the SDLT relief.
    • SammyN
    • By SammyN 16th May 18, 3:59 PM
    • 5 Posts
    • 0 Thanks
    SammyN
    • #5
    • 16th May 18, 3:59 PM
    • #5
    • 16th May 18, 3:59 PM
    You could always go straight to the horse's mouth...


    jonnygee2 is correct though, your partner is not a FTB in terms of the SDLT relief therefore if you jointly purchase a property with your partner you will not qualify for the SDLT relief.
    Originally posted by Pixie5740
    Thank you. The link doesn't work but I'll find it via Google
    • kingstreet
    • By kingstreet 16th May 18, 4:22 PM
    • 34,119 Posts
    • 18,513 Thanks
    kingstreet
    • #6
    • 16th May 18, 4:22 PM
    • #6
    • 16th May 18, 4:22 PM
    You will find some lenders will offer you a FTB mortgage product but you do not qualify for SDLT FTB exemption unless neither purchaser has never previously owned a dwelling.
    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.
    • SammyN
    • By SammyN 16th May 18, 4:24 PM
    • 5 Posts
    • 0 Thanks
    SammyN
    • #7
    • 16th May 18, 4:24 PM
    • #7
    • 16th May 18, 4:24 PM
    You will find some lenders will offer you a FTB mortgage product but you do not qualify for SDLT FTB exemption unless neither purchaser has never previously owned a dwelling.
    Originally posted by kingstreet
    This is really helpful, thank you
    • G_M
    • By G_M 16th May 18, 4:48 PM
    • 45,321 Posts
    • 54,322 Thanks
    G_M
    • #8
    • 16th May 18, 4:48 PM
    • #8
    • 16th May 18, 4:48 PM
    You will find some lenders will offer you a FTB mortgage product but you do not qualify for SDLT FTB exemption unless neither purchaser has never previously owned a dwelling.
    Originally posted by kingstreet
    You will find some lenders will offer you a FTB mortgage product but you do not qualify for SDLT FTB exemption unless neither purchaser has ever previously owned a dwelling

    (just to clarify........)
    • SammyN
    • By SammyN 16th May 18, 4:56 PM
    • 5 Posts
    • 0 Thanks
    SammyN
    • #9
    • 16th May 18, 4:56 PM
    • #9
    • 16th May 18, 4:56 PM
    You will find some lenders will offer you a FTB mortgage product but you do not qualify for SDLT FTB exemption unless neither purchaser has ever previously owned a dwelling

    (just to clarify........)
    Originally posted by G_M
    Thank you!
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

1,712Posts Today

7,310Users online

Martin's Twitter