Are you currently serving in the armed forces and looking to settle in a home of your own?
Serving Armed Forces personnel take priority in all our government funded schemes such as Help to Buy and Shared Ownership.
If you purchase a home through Help to Buy, sub-letting of the home is allowed by a serving member of the Armed Forces whose tour of duty requires them to serve away from the area in which they live for a fixed period. Applications to sublet must be made to the Mortgage Administrator for approval.
Alternatively, you can try the Forces Help to Buy Scheme which is specifically for Armed Forces personnel. This scheme allows you to borrow up to 50% of your salary, interest free, to buy your first home, move to another property on assignment or as your family’s needs change.
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