For many years our wonderful armed services benefited from the Forces ‘Help to Buy’ scheme. As property prices continued to rise over recent years, even with the scheme, many service personal still struggled to get a foot on the property ladder. Now the government have agreed to make the Forces Help to Buy Scheme permanent, allowing them to borrow up to 50% of their gross salary.
Ellisons Solicitors have been ‘stationed’ in the garrison town (now city) of Colchester for over 258 years and have looked after countless armed service personnel. If you are serving in any of our armed services and are considering buying your first home, our Residential Conveyancing Department are here to help.
GOV.UK – Forces Help to Buy scheme made permanent to help service personnel purchase housing