Thousands of troops and their families have bought their
own home through the Forces Help to Buy scheme, which launched in April 2014,
according to latest government figures. The £200 million scheme, which allows
military personnel to borrow a deposit of up to half of their annual salary
towards buying a home, is now half-way through its three-year trial. The MOD
has loaned £75.7 million to around 5,000 applicants within the last 18 months.
And a further 1,900 personnel have had their applications approved and are
awaiting completion of property purchases. Read more on the Housing Excellence
website.
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