When applying for a mortgage i was under the impression that as i don't currently have a mortgage i would be classed as a first time buyer?
I've been told by a broker that as i had a mortgage in my name 8-10 years a go that this will show up on a credit check that i'm not a first time buyer and thus won't benefit from improved interest rates and offers.
The broker also says that if i'm put forward as a 1st time buyer it will flag up and the application won't go through.
Does anyone know what my situation is?
I've been told by a broker that as i had a mortgage in my name 8-10 years a go that this will show up on a credit check that i'm not a first time buyer and thus won't benefit from improved interest rates and offers.
The broker also says that if i'm put forward as a 1st time buyer it will flag up and the application won't go through.
Does anyone know what my situation is?