Armed Forces Help To Buy Scheme

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HM Forces Mortgages, Army Mortgages, RAF Mortgages

Armed Forces Help To Buy Scheme

If you are a regular serviceman or servicewomen in the armed forces then you could be entitled to use the armed forces help to buy scheme. This allows you to borrow up to 50% of your salary to a maximum of £25,000 interest free.  This loan is for helping you purchase your new first home or moving to a new property. The scheme is to help members of the armed forces get on the property ladder. To qualify you must have completed the pre-requisite length of service, have more then 6 months left to serve at the time of application and meet the right medical categories. The scheme runs until 31st December 2022.

Armed Forces Help To Buy Scheme

The forces help to buy scheme is to address the issue that the armed forces have a low rate of home ownership.  First time buyers and people moving could make use of the scheme.  You still get access to all the high street lenders, the scheme does not limit you to where you can get your mortgage from.

Here at Ideal Home Loans we have experienced Ex Forces veterans who understand how important it is to secure your home before your career ends.  We offer totally free impartial advice. There is no obligation at any point. We have access to over 11,000 mortgage schemes from over 90 lenders.  If you are considering buying a home, but have not done so before you may wish to read up on how this works, or if you prefer we can help having first-hand experience of this.

armed forces help to buy schemeThe armed forces help to buy scheme was first brought out in 2014 and has since been extended to December 31st, 2022 such was the success of the scheme.  Placing thousands of armed forces members into their new homes.  One of our qualified advisors can answer any questions you may have, giving impartial free advice, then should you wish to do so we can help with your official application, guiding you every step of the way.

There are many reasons why such a large proportion of the armed forces don’t own properties, from being overseas too long to simply not having the time. We can help you every step of the way.  You get access to the latest rates and we always provide a 5 star service.  Simply request a free call back online today or send us an email.

No matter what your circumstances or past financial history there will be a mortgage for you to suit your budget. Even people with a poor or low credit rating can be eligible for the armed forces help to buy scheme.  We search the entire UK market to get you the best deal. We can also help you no matter where you are in the UK as we provide our specialist services nationwide. Get in touch today and we can help you with your requirements for armed forces help to buy scheme.