Forces Help to Buy

A fantastic scheme to help Armed Forces service personnel buy a new home.

In 2014 the Government launched Forces Help to Buy; a deposit loan scheme from the Ministry of Defence (MOD) for regular Armed Forces members to use along with Help to Buy. It has been extended until 31st December 2019.

How it works

The scheme aims to make it easier for Britain’s regular Armed Forces personnel to borrow their 5% deposit from the MOD. They could also 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.

Who is eligible?

The scheme 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 installments over the term and the typical amounts per rank are listed below:

Rank

Maximum Loan Amount

Private

£10,800

Sergeant

£15,000

Corporal

£13,200

Major

£23,800

How do I apply?

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