Friday, 4 April 2014

Forces Help To Buy Scheme Launched

A Forces Help to Buy (FHTB) scheme has been launched to help service personnel to get on the property ladder. Initially covering a 3-year period, the scheme, offers regular service personnel loans of up to 50% of salary towards the purchase of a home and 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. Read more on the Housing Excellence website.

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