Forces Help to Buy Scheme: Support for British Armed Forces
The Forces Help to Buy Scheme (FHTB) is designed to help British Armed Forces personnel take the first step onto the property ladder and make owning a forces home more achievable for those who need a helping hand.
How does the Forces Help to Buy Scheme Work?
The Forces Help to Buy (FHTB) scheme is a government-backed initiative that enables British Service personnel to borrow up to 50% of their annual salary (capped at £25,000) to put towards buying a home.
Whether you're a first-time buyer or need to move due to a new assignment or extenuating circumstances, FHTB can help make owning a forces home more accessible.
Forces Help to Buy (FHTB) FAQs
Who is eligible?
The FHTB scheme is available to regular service personnel who:
- Have at least 6 months of service remaining
- Have completed the minimum length of service
- Meet the required medical categories
Please note, your marital or civil partnership status does not affect eligibility.
How much can I borrow with the FHTB Scheme?
You can apply for an interest-free loan of up to 50% of your annual salary, capped at £25,000. This can be used toward your deposit, as well as other home-buying costs, such as solicitor and surveyor fees.
Can FHTB be used with the Persimmon Armed Forces Discount?
Yes, FHTB can be utilised with our Armed Forces Discount which means you can buy with just a 5% deposit and get a discount of up to £25,000.
How does the Forces Help to Buy Scheme work with mortgages?
You’ll need a mortgage lender willing to accept FHTB as part of your deposit. Most lenders do offer products in conjunction with FHTB, but it's best to make sure before you apply. Please note, if you’re using a mortgage broker you should let them know upfront that you plan to use the scheme.
Can I use FHTB alongside other schemes?
Yes. The FHTB Scheme is separate to other Help to Buy schemes, and can be used in conjunction with Help to Buy Wales.
Which properties are eligible for Forces Help to Buy?
The property must be:
- Residential (not business or buy-to-let)
- Mortgageable
- Intended for occupation by the service person or their immediate family
How do I apply?
For more information, visit the GOV.UK website