Forces Help To Buy
At JB Property Law, we understand the unique challenges faced by Armed Forces personnel when buying a home. Our experienced armed forces conveyancing team will guide you through every stage of the Forces Help to Buy process, ensuring your transaction progresses smoothly and efficiently.
Our Commitment to the Armed Forces Community
We are proud signatories of the Armed Forces Covenant, reflecting our ongoing commitment to ensuring that members of the armed forces community are treated fairly and with respect.
As part of this commitment, we offer:
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15% discount on legal fees for:
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Current serving personnel
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Veterans
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Reservists
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Military families
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We also cover the additional legal fees associated with the Forces Help to Buy scheme, helping to reduce the financial burden of purchasing a home.
Forces Help to Buy Conveyancing
The Forces Help to Buy (FHTB) scheme was introduced to support Armed Forces personnel in purchasing a home by providing an interest-free loan to assist with deposits and other property-related costs. The scheme can be used for first-time purchases, moving to a new home, or in some circumstances, extending an existing property.
Eligible service personnel may be able to borrow up to 50% of their annual salary, up to a maximum of £25,000. The loan is repaid through monthly salary deductions over a number of years.
At JB Property Law, we understand that Forces Help to Buy transactions can involve additional paperwork, deadlines and coordination with lenders and the Ministry of Defence. Our team is here to help make the process as straightforward and stress-free as possible.
You can read more on this via the Government Website
We do do not make any additional charges for you using a Forcs Help to Buy.
Understanding the Forces Help to Buy Process
The Forces Help to Buy scheme involves several stages alongside your standard property purchase:
1. Eligibility Application
You will need to apply through the Joint Personnel Administration (JPA) system and obtain approval before exchange of contracts.
2. Mortgage Approval
Most buyers will also require a mortgage. Your lender will assess affordability alongside the Forces Help to Buy loan.
3. Property Searches & Legal Work
Once your offer is accepted, your conveyancer will carry out legal checks, review contracts and investigate the property title.
4. Exchange of Contracts
Before exchange, your Forces Help to Buy funds must be approved and all mortgage requirements satisfied.
5. Completion
On completion day, funds are transferred and ownership of the property officially passes to you.
How We Help
Our experienced conveyancing team will support you through every stage of your Forces Help to Buy purchase, providing clear advice and proactive communication throughout the process.
We will:
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Guide you through the legal requirements of the Forces Help to Buy scheme
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Liaise with the Joint Personnel Administration (JPA) system, MOD approving departments and Forces Help to Buy administrators where required
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Work closely with your mortgage broker, lender, estate agents and all parties involved in the transaction
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Review contracts, title documents and property information carefully
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Carry out searches and raise any necessary legal enquiries
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Ensure Forces Help to Buy deadlines, authority to proceed requirements and completion documentation are met
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Keep your transaction progressing with regular updates and efficient communication throughout
A Personal Message from Our Founder’s Husband, a Veteran
As an army veteran, I am immensely proud that my wife is in a position to support those who have served our nation, along with their families.
I served as Kingsman Bowmer with the 4th Battalion, Duke of Lancaster’s Regiment, and deployed to Iraq and Afghanistan. While I was fortunate not to suffer lasting hardship, many others have. Equally, not everyone deploys, but that in no way diminishes the value of their service. We all take the same oath, and behind every one of us stands a family who shares in that commitment and sacrifice.
Those who serve, past and present, rarely seek recognition or assistance. This offering is not about fanfare, but rather a quiet gesture of respect and gratitude.
Best of British to you all, and thank you.
Ash