Are we eligible for a first time buyer mortgage?
Posted on 5 February 2008
Are my husband and myself eligible for a first time buyer mortgage? We have had a mortgage previously, but for the last 18 months have lived in rented accommodation (by choice - no arrears prior to that).
Gwen
Hi Gwen,
Some lenders would treat you as first time buyers and some would not. Thankfully, however, it is extremely rare that there would be special FTB's products any more, so you can apply as normal to any lender.
Category: First-time buyer
Answers provided in response to Ask Bea are based on the information provided and do not constitute advice under the Financial Services & Markets Act. They reflect the personal views of the authors and do not neccessarily represent the views, positions, strategies or opinions of Charcol Limited. All comments are made in good faith, and neither Charcol Limited nor Bea will accept liability for them.
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