Can You Be a First-Time Buyer Again?

Answered on 15 May 2023 by

After separation, what am I classed as for mortgage purposes? Am I a first-time buyer, even though I'm not? My wife has had my name removed from our joint mortgage.

Nick Mendes

Am I a First-Time Buyer Again?

If you have owned a property in the past then lenders will tend to class you as a next time buyer, however there are some that will treat you as a first-time buyer if you have not owned a house for the last 3 years.

However, this distinction does not really matter, as most lenders offer the same products to first-time and next time buyers alike. Occasionally a lender may reduce the upfront fees for a first-time buyer (maybe charging £495 instead of £995) but the rest of the product will be the same.

If you would like to talk about your situation please contact one of our mortgage experts on 0330 433 2927.

Ask The Mortgage Experts answers 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 necessarily represent the views, positions, strategies or opinions of John Charcol. All comments are made in good faith, and John Charcol will not accept liability for them. We recommend you seek professional advice with regard to any of these topics where appropriate.


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