Am I a FTB?

How is a FTB determined by the Lending Institution?

My name is on the deeds of my parents house, but I have never lived there (have been renting for the past 10 years). Am I a FTB?

stephnyc said:

How is a FTB determined by the Lending Institution?

My name is on the deeds of my parents house, but I have never lived there (have been renting for the past 10 years). Am I a FTB?

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depends how your name ended up on the deeds ?

Thanks for your response. I dont the exact details (was 19 at the time) but it was on the advice of a solicitor to do with inheritance. Would I be best to contact the solicitor who dealt with this & find out my options?

Is there a central place (like the Land Registry) that the banks use to see who has already purchased a house? Otherwise how do they assess applications for FTB PPR mortgages?

If you didn't pay anything I think you will get away with it ... here is the oasis definitianof a first time buyer...


A first-time buyer is defined as a person (or where there is more than one buyer, each person):

• Who has not on any previous occasion, either individually or jointly, purchased or built on his/her own behalf a house in Ireland or abroad;
• Where the property purchased is occupied by the purchaser or a person on his/her behalf as his/her only or principal place of residence and
• Where no rent is derived from the property for five years after completion of the current purchase.