In early April, the policy document (JSP 464, Pt, Chapter 12) for Forces Help to Buy was updated to include ‘ironing out’ the issue surrounding eligibility for those commissioning: Section III, para 1211.d(8) “Where an individual Commissions from the Ranks, they will retain their eligibility for FHTB if they had been eligible prior to their […]
Forces Family Finance are a team of qualified Mortgage and Protection advisers who are all spouses of either current or ex-serving military personnel. Our offering is based on many years’ experience within financial services and military life. This means we can offer you sound advice with a greater understanding of your lifestyle and the issues […]
Thousands of families are now entitled to 30 hours of free childcare for their 3 and 4-year olds, funded by the government, in a bid to get parents back into work. This scheme is worth approximately £5000 per child, and was rolled out across the country on 1st September 2017. However, some of the information […]
Buying a house, whether it’s your first one or not, is likely to be the biggest financial purchase you’ll ever make (and probably the scariest one too!) Therefore, getting mortgage advice is so important, to ensure that everything goes smoothly and nothing is missed. Here at Forces Family Finance, we love to help our clients […]
1st April 2018 marks 100 years since the RAF was formed as a separate service to the British Army and the Royal Navy. Merged from the Royal Flying Corps (RFC) and the Royal Naval Air Service (RNAS), the Royal Air Force was the most powerful air force in the world, with over 23,000 aircraft and […]
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 […]
