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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 scheme’s piecemeal adoption and say the programme should become standard policy for all major lenders. The Forces Help to Buy scheme allows
Virgin Money and Clydesdale Bank will now accept Forces Help to Buy loans as a mortgage deposit. This scheme allows armed service personnel to borrow up to half of their salary, up to a maximum of £25,000 interest-free towards the purchase of a home, in a measure passed by the Ministry of Defence as "an enduring
On the first day of Christmas, 2022 sent to me… Three PMs, four Chancellors, five Housing Ministers, and a partridge in a pear tree! 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
Councillor Leslie-Anne Niven will take on the role on an interim basis.
Councillor Leslie-Anne Niven will take on the role on an interim basis.