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News analysis: Call to support armed forces – Mortgage Strategy

Virgin Money has become the latest lender to join the Ministry of Defence (MoD) scheme to help armed forces personnel onto the property ladder. But some brokers object to the schemeโ€™s piecemeal adoption and say the programme should become standard policy for all major lenders. The Forces Help to Buy scheme allows
North Yorkshire United Kingdom Simone Riley Patrick Glennon Leeds Building Society Ministry Of Defence Mo

Virgin Money moves to accept Forces Help to Buy loans   – Mortgage Strategy

Virgin Money and Clydesdale Bank will now accept Forces Help to Buy loans as a mortgage deposit. ย  This scheme allows armed service personnel to borrow up to half of their salary, up to a maximum of ยฃ25,000 interest-free towards the purchase of a home, in a measure passed by the Ministry of Defence as "an enduring
Simone Riley Ministry Of Defence Clydesdale Bank Virgin Money Forces Help Force Mortgages

Blog: Three PMs, four chancellors, five housing ministers and a partridge...

On the first day of Christmas, 2022 sent to meโ€ฆ Three PMs, four Chancellors, five Housing Ministers, and a partridge in a pear tree!ย  Much like the two years before it, 2022 brought a range of challenges and opportunities to our bumper mortgage market. Our sector continued to move quickly, navigating three prime
United Kingdom Authority To United Trust Bank Housing Ministers Stamp Duty Mortgage Guarantee

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Blog: First-time buyer with small deposit? Shared ownership could be the solution

I think it was the American statesman Benjamin Franklin who said: โ€œThere are only two things certain in life: death and taxes.โ€ After the extraordinary events of the last 18 months or so, Iโ€™m almost tempted to add a third certainty to that list: house prices will always increase. Well, it looks as though they will
United States United Kingdom Benjamin Franklin House Price Index Armed Forces Forces Help

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