Ministry of Defence
Printable version

Forces Help to Buy scheme

A new housing scheme that will help service personnel get on the property ladder has been launched.

The new Forces Help to Buy (FHTB) scheme, offering regular service personnel loans of up to 50% of salary towards the purchase of a home, was launched yesterday, 1 April.

Initially covering a 3-year period, the scheme is the first part of the new employment model (NEM).

The NEM is a long-term programme which aims to modernise the terms and conditions of service ‘offer’ for service personnel so it better reflects the needs and aspirations of service personnel, and their families, in the 21st century.

The launch of FHTB marks a significant step forward in helping service personnel to get onto the property ladder by offering greater financial support towards the cost of buying a home.

Full article, photos and related links

 
Channel website: https://www.gov.uk/government/organisations/ministry-of-defence

Share this article

Latest News from
Ministry of Defence