Getting onto the property ladder can be challenging for Army, Navy and RAF personnel, but help is at hand with the Forces Help to Buy scheme.
This Ministry of Defence initiative is designed to help military personnel to buy their first property enabling serving personnel to borrow up to 50% of their salary up to a maximum £25,000, as a deposit and towards moving costs such as solicitor’s fees.
The loan can be repaid over a period of 10 years and a number of repayment options are available.
Find out more about Armed Forces Help to Buy at the Gov UK website.
Click here for more information or contact your Lovell Sales Executive for details.
Alternatively see which developments are offering Forces Help to Buy.
Help to Buy*