What makes me a First Time Buyer
From a mortgage lender's perspective, if you currently don’t own a property, or if you're on a joint application and both of you don’t currently own a property, most lenders will recognise you as a first-time buyer.
From a stamp duty perspective, if you have never owned a property, or if you’re on a joint application and both you have never owned a property, then you will be classed as a first-time buyer.
From September 22nd 2022, first time buyers buying a home up to £425,000 in England and Northern Ireland do not have to pay any stamp duty. If your new home is worth £425,001 to £625,000 you'll pay 5% stamp duty, but only on the value above £425,000.