All Armed Forces personnel take their roles and duties very seriously. This is something we believe in too, therefore we provide a special scheme for you.
This scheme enables serving personnel to borrow up to 50% of their salary, to a maximum of £25,000, interest free. This can be used towards a deposit or other costs such as solicitor’s, or estate agent’s fees.
Allowing you to buy your first home, or move to a new house as your family needs change.
All regular personnel who have completed their required length of service, have more than six months left to serve when they apply and meet the right medical categories, can take advantage of the scheme.
Servicemen and Servicewomen can apply for the loan online through the Joint Personnel Administration system, and advice on their application is available through their Chain of Command and personnel agency.
Contact us to find out more.