Thursday, 6 October 2016

Government Extends Forces Help To Buy

The government will extend an ownership scheme for the Armed Forces for a further two years. The Forces Help to Buy scheme, which offers an interest-free loan to military personnel of up to half their salary, will run until 2018. Michael Fallon, defence secretary, announced the extension yesterday as he revealed 10,000 service members had applications approved through the scheme which has run since 2014. He said 81% of the payments were made to ranks below officer. Read more on Inside Housing.

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