Forces Help to Buy
The aim of this scheme is to address the low rate of home ownership within the armed forces, and the positive impact owning a home can have during an inherently mobile career.
The Forces Help to Buy Scheme (FHTB) supports the Armed Forces onto the home ownership ladder.
What is the scheme?
Here at Stonebridge Homes, we have many different ways to buy, including the Forces Help to Buy Scheme.
The scheme enables all serving armed forces members the opportunity to borrow up to 50% of their salary, up to a maximum of £25,000 interest free, towards the purchase of a property.
The aim of this scheme is to address the low rate of home ownership within the armed forces, as well as meeting the aims of the Defence Accommodation Strategy in recognising the positive impact owning a home can have during an inherently mobile career.
How much can be borrowed?
This scheme allows service personnel to borrow up to 50% of their annual salary, to a maximum of £25,000. This can be used towards a deposit and other costs such as solicitor and estate agent fees.
How to apply
Service personnel can apply for Forces Help to Buy (FHTB) on JPA through the self-service application for FHTB. Full instructions on completion is online in the JPA Self Service User Guide: Applying for Pre-Approval for FHTB.
In exceptional circumstances only, where the individual has no permanent access to JPA, the JPA Form E035 may be used and forwarded to DBS Military Personnel FHTB Section at least 6 weeks before the expected purchase completion date.
Repayment of the FHTB will be determined by a variety of circumstances.
Here at Stonebridge Homes, we have many different ways to buy, including the Forces Help to Buy Scheme.
The scheme enables all serving armed forces members the opportunity to borrow up to 50% of their salary, up to a maximum of £25,000 interest free, towards the purchase of a property.
The aim of this scheme is to address the low rate of home ownership within the armed forces, as well as meeting the aims of the Defence Accommodation Strategy in recognising the positive impact owning a home can have during an inherently mobile career.
How much can be borrowed?
This scheme allows service personnel to borrow up to 50% of their annual salary, to a maximum of £25,000. This can be used towards a deposit and other costs such as solicitor and estate agent fees.
How to apply
Service personnel can apply for Forces Help to Buy (FHTB) on JPA through the self-service application for FHTB. Full instructions on completion is online in the JPA Self Service User Guide: Applying for Pre-Approval for FHTB.
In exceptional circumstances only, where the individual has no permanent access to JPA, the JPA Form E035 may be used and forwarded to DBS Military Personnel FHTB Section at least 6 weeks before the expected purchase completion date.
Repayment of the FHTB will be determined by a variety of circumstances.
Who can use the scheme?
All regular personnel who:
- have completed the pre-requisite length of service
- are not a reservist or a member of the Military Provost Guard Service
- have more than six months left to serve at the time they apply
- meet the right medical categories
View Our Homes
Take a look at some of our award-winning homes and make the most of your next move with the Forces Help to Buy Scheme. Find your dream new Stonebridge home and we'll take care of the rest.
View Homes