Here at Forces Family Finance we are honoured to be a part of the Armed Forces Covenant Pledge. By signing this covenant, we pledge to: “Honour the Armed Forces Covenant and support the Armed Forces Community. We recognise the value Serving Personnel, both Regular and Reservists, Veterans and military families contribute to our business and […]
We are proud to be launching our new website https://forcesfamilyfinance.co.uk. after a long awaited rebrand and fresh new look. If you haven’t come across us before, please read on for more information about how we can help you. For those of you who know us already under our previous name, Evolution forces families, we are […]
Many forces families don’t want to think about morbid topics such as death in service benefits and widow’s pensions. The reality is that, as a spouse or partner of a serving soldier, we do need to get up to speed with them and at least know where we stand if the worst happens. Before we […]
Initially, Lisa and her husband thought that they could only get a mortgage for between £80,000 and £90,000, which meant that they would have to really sit and think about where they could afford to live. Lisa feels that there is no proper financial advice readily available to [Army] soldiers when they begin their career, […]
So, your application is in, everything went manic and now it’s been quiet for what seems like an eternity. Here are some useful points for you to consider and hopefully put your mind at ease. Forces Help to Buy requires a 2-week drawn down with no flexibility. You need to be aware of these timescales […]
5 common mistakes to avoid, which will save you time and stress! When applying on the JPA system, if you’re getting a mortgage as well, make sure you tick the box that says you require a PIN (personal information note) this will be used to support your application and saves delays later down the line. […]
Since the scheme started in April 2014, hundreds of forces families have benefited from this scheme and with the last confirmed year of this pilot fast approaching, Forces Family Finance want to share with you some more top tips that we have learnt along the way whilst helping our clients. We are always asked, what […]
Do you often dream about leaving MOD housing and buying a home? Do you want to get a foot on the ladder ready for Civvi street? Do you have somewhere you already own but it’s just not suitable for your needs? Buying a home might seem like a legal and financial minefield to you, but with over […]
As Forces Help to Buy Specialists, we often get asked the same questions again and again by our clients. Here are the most common questions, and our answers: Q: Is Forces help to buy the same as government help to buy? A: No it isn’t. Forces Help to Buy is very different from the standard […]
by Simply Balanced Solutions Forces Help to Buy are interest free loans designed to help serving military personnel buy a property. They are considered beneficial loans by HMRC and are therefore subject to tax as a Benefit in Kind. You will be taxed on the cash equivalent of the loan if it exceeds £10,000 during […]
Do you often dream about leaving MOD housing and buying a home? Do you want to get a foot on the ladder ready for civvy street? Do you have somewhere you already own but it’s just not suitable for your needs? Buying a home might seem like a legal and financial minefield to you, but with […]
Buying a property is never a quick process but with the right preparation, it is possible to get there and a worth-while investment of your time. Here are our top tips for getting mortgage ready Check out and improve your credit score. There are a few online tools available now. Try www.noddle.co.uk or www.clearscore.com These […]
