Armed Forces Personnel
If you're looking for some help with getting a mortgage whilst working in the armed forces, why not start that journey with confidence by receiving expert advice from a specialist, who started work as a mortgage broker in 1999.
One of the key factors in finding the right mortgage for armed forces personnel is to find lenders who offer specific criteria to accommodate specialist and often unique requirements, such as allowing armed forces stationed abroad to purchase in the UK
I can definitely help with that.
I can also help you with the "Forces Help to Buy"* scheme, an interest-free advance of salary repaid over ten years. You'll be able to borrow up to 50% of your salary* and any recruitment and retention pay (formerly Specialist Pay), up to a maximum of £25,000*.
It’s available to regular personnel to buy their first home or move to a new location (more than 50 miles from their current property), although there may be some exceptions to this.*
The current scheme is running until 31 December 2022.*
You can apply for the loan online through the JPA* (Joint Personnel Administration) system, and can seek advice on their application through your chain of command and staff and personnel support detachment.
* For full details and verification of this information, click this link.