How does repayment work under the Military Help To Buy Scheme? Accepting a loan
UK Solicitors specialising in conveyancing using the Armed Forces Help to Buy Scheme
The FHTB scheme was originally designed to last 3 years, from April 2014, and was extended a number of times. However on January 1, 2023, the MoD made the cheap loan scheme for serving military personnel permanent.
FHTB Is a huge improvement on both the old Long Service Advance of Pay military home loan scheme and on AFHOS. This MOD backed loan allows you to borrow up to half of your salary – although borrowing is subject to a maximum of £25,000.
As at July 27, 2023, the UK government confirmed that over £452 million had been made available under the scheme to almost 30,000 serving forces personnel to fund these military home loans.
We can help with the conveyancing
Here at solicitors Bonallack and Bishop, our property team has more than 20 years experience in assisting hundreds of serving Armed Forces personnel nationwide in buying their own homes – and we offer 10% discount on all of our legal services for all current serving and retired members of HM Armed Forces.
We are also members of Forces Law – the only national network of specialist military law solicitors. So for specialist advice from a law firm which really understands the military and this new military help to buy scheme
We believe the lease extension process should be clear, efficient and well supported. Our approach is built on open communication, practical legal advice, and proactive case management.
By combining specialist leasehold expertise with real-world experience, we guide leaseholders confidently through every stage of extending their lease, even when matters become complex.
We aim to make every stage of the lease extension process as simple and stress-free as possible. From the first consultation to completion, you stay informed and understand the steps involved.
Our team uses modern technology and efficient systems to deliver quick, accurate and cost-effective lease extension services for every client.
For a FREE initial phone consultation call locally on [01722] 422300 or on FREEPHONE 0800 1404544 or
E-mail us using the contact form
We offer free initial legal advice and nationwide coverage.
No meeting is required, as we can manage your entire case by phone, email, or video call.
Bonallack and Bishop have signed the Armed Forces Covenant
As part of our commitment to support the Armed Forces Community, we have signed up to the Armed Forces Covenant – which is a promise that those who serve or have served in the armed forces, and their families, are treated fairly.
How does repayment work under the Military Help To Buy Scheme? Accepting a loan
What kind of property qualifies under Forces Help To Buy? The criteria for the Armed
Our experienced solicitors have helped clients throughout England and Wales achieve the best outcomes in enfranchisement, lease extension, and right-to-manage cases.
We also work closely with trusted surveyors and block management companies, offering a complete service from start to finish.
UK Solicitors specialising in conveyancing using the Armed Forces Help to Buy Scheme
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