First Time Buyer Restricted Properties In Jersey
There are a number of developments in Jersey where the properties can only be owned by "first time buyers". This term includes both true first time buyers and those who fall within the exemptions below.
You may be able to buy a property within a first time buyer development despite already having owned a property:
If you already own a share transfer flat you may be able to buy a property in a first time buyer development if you (1) sell your flat to anyone, not necessarily a first time buyer, and (2) buy a property larger than your current home i.e. moving from a two bedroom flat to a three bedroom house; If you have bought a flying freehold flat you may be able to buy a freehold property in a first time buyer development...
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