Since the Forces Help to Buy Scheme was introduced back in 2014 we have helped hundreds of families use the scheme to buy homes. The Forces Help to Buy Scheme was due to finish after a couple of extensions, but just before Christmas in 2022 it was announced that the scheme is becoming an enduring […]
For Serving Forces personnel who plan to use Forces Help to Buy the wait for your PIN (Personal Information Note) document to arrive can be a tense time. In the current C19 situation, where many are still working reduced hours or from home, this can prove even more of a challenge as a hard copy […]
The Scheme to help military personnel to buy their own homes has been operating since 2014 and has now been extended until December 2019. Defence Secretary Gavin Williamson announced on 3rd December 2018 that the Forces Help to Buy scheme will remain open to new applications from serving military personal and veterans until 31st December […]
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 […]
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 […]
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 with Forces Help to Buy, 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 […]
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 […]
