Get Help And Advice For Army Mortgages

Our expertise covers all mortgages including military mortgages, self-employed and bad credit

Army Mortgages

Army Mortgages

 When serving in the army one of the last things we consider keeping on top of is G1 financial matters. Accommodation is provided for us at a considerable discount to civilian rents, whether it be SLA or SFA and our career passes by in a flash. There is no better time to consider an army mortgage and secure yourself on the property ladder sooner rather than later.

Army Mortgages

If you aren’t planning on using the forces help to buy scheme as a deposit, and have a 10% deposit saved up, or gifted from an immediate family member, there are lenders out there who will lend you the money to buy a property and let you rent it out, whilst still living in your forces accommodation. Just think not only could you be earning extra money above your mortgage payments, providing you an additional income, but you could also have your foot on the housing ladder and potentially benefit from the increase in value of the property. Army mortgages is designed for this kind of purchase. Of course, each property is different, not only on price but also what rental income could be achieved, so we are happy to run through all of this with you, to help you decide if it’s a good choice for you.

The team here at Ideal Home Loans are experienced with this scenario and as many of our team have come from an army background, we know how beneficial owning a property whilst serving can be. It all starts with a totally free consultation as well so we can discuss your situation and what you need in terms of mortgage amount, type and any other factor that you feel will affect your application

One of the first things we will ask for is a copy of your credit file from Experian, Equifax, or Trans union. This provides us not only your credit score, as all score differently, but also an overview of how your credit accounts have performed over the last 6 years.

After we have gathered all the information, we need we will then look at the market and this includes the latest deals and schemes for Army mortgages.  From here we will gather the best schemes for army mortgages for you and then arrange a time to go through these with yourself.

We can offer free and more importantly impartial advice so you know you are getting the best deal for your needs. We aren’t tied to any one lender or companies, so we are free to look at the entire market, which is good news as this means you get access to the latest deals and schemes for bad credit military mortgages.

Army Mortgages

We understand completely that your lifestyle is vastly different to a standard 9 to 5 job. Wherever possible we will fit in with your forecast of events and can use phone, facetime, WhatsApp, or Skype to discuss your situation as we know when serving abroad Wi-Fi is the preferred connection to avoid costly call charges back to the UK. Having briefed in BATUS, BATUK, BFC and BFG, we know you can often be working in different time zones, so we will try and fit in where we can.

Once we know your financial circumstances, we can run through what lenders are likely to lend and work out exactly how much you can afford and what your monthly repayments will be. This then helps you when it comes to looking at property within your budget, so you don’t waste time on houses which when it comes to repayments are going to put a strain on your finances. When ready we can apply to the lender for an agreement in principle, so you can go house hunting, knowing how much you must spend on your new home.

Buying a house is well known to be one of the most stressful times and things you can experience when using Army mortgages.  There are a hundred different things that can happen and most won’t have been factored into from the start. The team here are well equipped to deal with all situations and things that could happen. We take the stress away from you so you can concentrate on the more enjoyable aspects of purchasing your new home. This can only be done by people who are experienced with army mortgages, and this is where we stand out from the crowd.

Our approach to making sure you have a stress free experience with Army mortgages includes the following.

  1. You get in touch with us.
  2. We listen to what you want.
  3. We then go research the market.
  4. We advise you on your options.
  5. We help you apply and get accepted.

 

We help you to find the most suitable mortgage solution for you and your family with totally free impartial advice from qualified and friendly advisers and experts in this industry and for army mortgages and your requirements. Simply get in touch via email, phone or even request a free call back and we will contact you to discuss your Army mortgage requirements.