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A fantastic scheme to help Armed Forces service personnel buy a new home.
On the 1st April 2014 the Government launched Forces Help to Buy; a deposit loan scheme from the MOD for regular Armed Forces members to use along with Help to Buy.
The scheme is planned to run until 31st March 2018 and aims to make it easier for Britain’s regular Armed Forces personnel to borrow their 5% deposit from the MOD and take advantage of Help to Buy – the popular scheme that has already helped so many onto the property ladder across the UK. The scheme provides the necessary boost to secure a 75% mortgage with a 20% Help to Buy equity loan funded by Government.
The scheme is available to regular Armed Forces personnel who are first time buyers and those who may need to move due to a change in circumstances. It offers an interest free loan to applicants of up to 50% of their salary, with a maximum of £25,000. The loan is repayable in monthly instalments over the term and the typical loan amounts are:
Don’t miss out on this brilliant opportunity to own a beautiful brand new David Wilson home. Visit one of our stunning developments and talk to one of our experienced Sales Advisers or register to receive the latest updates via email.
For more information visit the Ministry of Defence's website
Help to Buy terms and conditions for England
Help to Buy full terms and conditions for Scotland
Help to Buy terms and conditions for Wales
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David Wilson Homes is a trading name of BDW TRADING LIMITED (Company Number 03018173) a company registered in England whose registered office is at Barratt House, Cartwright Way, Forest Business Park, Bardon Hill, Coalville, Leicestershire, LE67 1UF, VAT number GB633481836. Prices correct at time of publishing. Calls to 0844 numbers cost 7 pence per minute plus your phone company’s access charge. Calls to 03 numbers are charged at the same rate as dialling an 01 or 02 number. If your fixed line or mobile service has inclusive minutes to 01/02 numbers, then calls to 03 are counted as part of this inclusive call volume. Non-BT customers and mobile phone users should contact their service providers for information about the cost of calls.