Posted on 12 March 2012 by dawn

I am divorced and not had a mortgage for 6 years. Can I apply for 1st time buyer again?


Certainly as far as the current Stamp Duty incentive, which ends on 25th March, is concerned you do not qualify:

"This is only if you have never owned a house or flat in the UK or anywhere else in the world. If you are buying with someone else they must never have owned property before either".

Lenders all have similar definitions, with most adopting the following wording: " We define a first time buyer as an applicant that has never owned a property".  What this means is you will be ineligible for any reduced application fees or special first time buyer products, but it still leaves you with a wide range of products, incentives and deposit requirements.

I believe we can help you and that you would benefit from speaking to one of our independent mortgage advisers.  Please call 0344 346 3672 and tell the consultant the date and title of your question, they will then be able to help you find the right mortgage for your situation.


Answers provided in response to Ask the experts 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.

You are currently offline. Some pages or content may fail to load.