Log In/Register
Return to Opportunities

Forces Help To Buy Scheme

Category
Housing
Type
Fundraising
Fundraising Type
Grant

Description

Want to get your foot on the property ladder? You could borrow up to £25,000 interest-free with the Forces Help to Buy scheme The Forces Help to Buy (FHTB) scheme is an interest-free advance of salary available to Regular Service personnel. The scheme is aimed to support first-time buyers and those who need to move home because they are assigned elsewhere. You can also use FHTB to extend your property as the needs of your family change What do I get? Eligible personnel can borrow up to 50% of their annual salary (including specialist pay), capped at £25,000. The loan will normally be repaid over a period of up to 10 years. For more information on how to claim visit: https://discovermybenefits.mod.gov.uk/royal-navy/royal-navy-families/accommodation-forces-help-to-buy-scheme

About The Royal Navy

The Royal Navy recruits, trains and deploys highly skilled men and women to protect the nation’s interests at sea, under the water, and in the air.