To ask if I am considered a first time buyer?

[2022IamHavingYa]

Posting for traffic as the money board looks pretty quiet.

I am in the position to be able to start saving for a home for myself and my son. We currently rent.

I am a first year student and have been able to pay off some debts with scholarship and grant payments and in the coming months, i'll be able to start saving. I won't be looking to buy for around 4 or 5 years so plenty of time to save.

I was on the joint mortgage of a property with my ex husband from 2011 and whilst I moved out and he took over the mortgage in 2016, I remained on it until it was sold in 2018.

I have been looking into the best ways to save for a deposit but most say I don't qualify as a first time buyer.

So wise people of mumsnet, any suggestions of the best ways to save a house deposit? I am looking to save about £10k over the next 3 years.

Thanks in advance.

Thanks for asking this OP, I’m in the same boat as you and I wasn’t sure either.

Unfortunately not a first time buyer. I recently bought a house, and despite being over 15 years since i last had a mortgage, still could not get any FTB help

Actually depending on the bank or mortgage provider you could be considered a first time buyer if you have not owned any property within a certain period of time. ( Santander use to be 5 or 6 years)

You wil need to check with a broker and ask who will know the criteria.