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  • First Time Buyers Declaration

Get First Time Buyers Declaration

First Time Buyer Declaration Customer Details: Full Name: Date of Birth: Help to Buy: ISA account number National Insurance Number: Address of the Property that is being acquired(the Property)Purchase.

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How to fill out the First Time Buyers Declaration online

This guide provides clear instructions on how to complete the First Time Buyers Declaration online. Designed for first-time buyers, it offers step-by-step guidance to help you navigate each section of the form with confidence.

Follow the steps to fill out the First Time Buyers Declaration.

  1. Click ‘Get Form’ button to obtain the form and access it in the editor.
  2. Enter your customer details, including your full name and date of birth. This information is essential to identify you as the buyer.
  3. Provide your Help to Buy: ISA account number, which confirms your eligibility for the scheme.
  4. Input your National Insurance number, which may be required for tax verification purposes.
  5. Fill in the address of the property you are acquiring. This section specifies the location you intend to purchase.
  6. State the purchase price of the property, which will be important for the application process.
  7. Indicate whether the property is located in London by selecting 'Yes' or 'No.' This may affect eligibility criteria.
  8. Review the declarations carefully. Confirm your residency status in the United Kingdom and that you do not own any interest in land as specified in the declaration.
  9. Confirm that you have not previously received a Bonus under the Help to Buy: ISA Scheme and that you intend to occupy the property as your main residence.
  10. If applicable, confirm your circumstances as a member of the armed forces and note your intention to occupy the property in the future.
  11. Ensure you have operated your Help to Buy: ISA according to the scheme's rules and understand the implications of providing false information.
  12. Sign and date the declaration at the bottom of the form, indicating your agreement and understanding of the information provided.
  13. After completing the form, save your changes and download, print, or share the form as required.

Complete your First Time Buyers Declaration online today to secure your eligibility for the Help to Buy scheme.

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So, if you've never owned a property, you're a first-time buyer. If you've owned a home in the past, but sold it, you do not count as a first-time home buyer. The same goes for if you've sold your home to live with your parents, or broken up with your partner who you had a joint mortgage with.

The definition of a first-time buyer may vary depending on different factors. While it may seem straightforward, there are nuances that need to be considered. In general, a first-time buyer is someone who is purchasing a property for the first time and does not already own a residential property.

Can I be a first time buyer again in the UK? Unfortunately, you can only be a first time buyer once in the UK. This means the only time you'll qualify for any government first time buying initiatives (such as stamp relief duty, or the Help to Buy scheme) will be the first time you purchase a property.

A person is generally classified as a first-time buyer if they're buying their first home and have never owned a freehold or have a leasehold interest in a residential property in the UK or abroad. A mortgage is a loan taken out to buy property or land.

This applies to house purchases in England and Northern Ireland. For anyone meeting the definition of a first-time buyer, a higher stamp duty land tax threshold applies. From 23 September 2022, any first-time buyer purchasing a property worth £425,000 or less will pay no SDLT at all.

It's really important to know that you have at least the minimum deposit. The more you can put down, the more choice of lenders you will have. In almost all cases, you will need a deposit of at least 5% of the property price. That said, the average for a first time buyer in the UK is around 15%.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232