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 today’s market its best to get your finances looking their best, before you embark on your mortgage journey. But, if you really don’t know where to start, then we have put together 8 tips on how to get the best from your credit report. Check your credit file regularly. It is best to check […]
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, […]
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 […]
10 top tips for those who have a Forces Help to Buy loan and want to remortgage or buy another home If you wish to re-mortgage your property and increase the amount of mortgage you have on the property (in order to free up some cash) Defence Business Services, Military Personnel, FHTB Section (DBS Mil […]
John got in touch a few months back and felt disillusioned from the advice he had already been given by other banks and advisers. He knew he could afford the mortgage he was proposing, but couldn’t get the amount he required. Nadine gave him some suggestions to improve his affordability and talked him through the […]
Now that the new paint has dried and you have unpacked your last box, maybe you are thinking about raising more funds on the property or already considering your next move. As long as you have a Forces Help to Buy loan there are some things to consider in addition to the normal requirements. For […]
Bought a house using Forces Help to Buy and now you or your partner has decided to leave the Armed Forces? If you decided to leave one Regular Armed Service and join another (transfer from the Army to the Navy for example) you may keep the FHTB provided there has been no break in Service. If you […]
What is the process and costs? Are there any legal costs involved in re-mortgaging? When re-mortgaging you will need to consider the following costs: legal expenses; land registry fees (including the registration fee and document download costs); any mortgage arrangement fees; bank transfer fees; any early repayment fees on your current mortgage; a valuation or […]
