If my parents use the land registry to add me as a 10% owner of their house, would I still qualify as a first time buyer in reference to common first time buyer mortgage schemes?

  • 3
    country is needed for this kind of question Mar 17, 2016 at 0:02
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    The reference to the "Land Registry" and the wording of the question makes me think this is a UK-based question, so I'm assuming that for now (and will edit the tag in). OP please correct me if I am wrong.
    – Vicky
    Mar 17, 2016 at 13:20
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    Note that if your parents have a mortgage, they would need to add you to that as well, and probably to their buildings insurance policy too. Out of interest, what's the reason for doing this? Mar 17, 2016 at 14:50

1 Answer 1


In the UK this would likely disqualify you from most "first time buyer" schemes.

For example, the Ts & Cs for the Help To Buy ISA specifically define:

“First Time Buyer” means an individual who:
(a) is not, and never has been, a Residential Property Owner; and [...]


“Residential Property Owner” means an individual who owns an interest in land, whether in the United Kingdom or elsewhere [...]

However, ultimately you would need to check the specific definitions that an individual lender or service provider is using.

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