Forces Help to Buy Scheme
Regular armed forces personnel can benefit from a £200 million scheme to help them get on the property ladder. The Forces Help to Buy scheme enables servicemen and servicewomen to borrow up to 50% of their salary, interest free, to buy their first home or move to another property on assignment or as their families needs change.
The pilot scheme, which launched in April 2014 and has now been extended to 31 December 2019, aims to address the low rate of home ownership in the armed forces
You can find out more information on FHTB through GOV.UK
Contacting the FHTB Scheme:
- see DIB/07 (an internal document for personnel) or
- contact DBS Mil Pers (formerly SPVA) on (9)4560 3600 Option 4 and ask for the FHTB Section, or JPACEnquiryCentre@mod.uk
If an FHTB is not for you, then see the other options available in Affordable housing schemes.