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Sarah Robinson - Buy to Let
I am a return customer as Peter Bartlett and the team was able to comfortably secure a mortgage for me a few years ago. ...Read More

Mortgages For Armed Forces

Being in the armed forces can present a number of challenges when applying for a mortgage due to the nature of the job. The good news is that many lenders have mortgages that are designed specifically to address these challenges, but it can be hard work to find out what the best deals are from all of the lenders in the market.

This is where we can help. We are specialists in providing mortgage advice to military personnel and will help you find the best mortgage for your circumstances, whatever those are.

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What Our Customers Say

Customer - Purchase
Very helpful in finding a suitable mortgage for me as an expat. A minor criticism is that I could have done with a little more handholding in the middle as a first time buyer but other than that a great ...Read More
9 days ago

Customer - Buy to Let Remortgage
Very helpful team and appreciate all of their hard work in helping us sort our mortgage as soon as possible. ...Read More
14 days ago

Catherine Chambers - Buy to Let Remortgage
Highly efficient friendly and professional. It was an easy process and they kept us informed all along the way. They did not waste our time and found us just what we wanted. ...Read More
26 days ago

Stephen Hire - Buy to Let Remortgage
Fast and efficient service. Quickly established my needs and potential borrowing capability ...Read More
1 months, 1 day ago

Find out more

What's Different for Military Personnel?

One of the most obvious challenges faced by those in the armed forces when it comes to getting a mortgage is overseas deployment. There are mortgage lenders out there that are happy to let you rent out your home to paying tenants when you are deployed overseas, without charging you a higher mortgage rate or requiring you to switch onto a buy-to-let mortgage.

This is known as consent to let. Lenders have different approaches to how this works, but there are options to vary the length of time you're letting out your home to be in line with when you are overseas. It's also possible to apply to mortgage or remortgage when you're deployed overseas as there are lenders which are prepared to accept your British Forces Post Office address rather than needing you to demonstrate permanent residence in the UK to be eligible.

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First-Time Buyers in the Military

All first-time buyers are eligible for the government's Help to Buy scheme which runs in England until 2020. But there is also a specific Armed Forces Help to Buy scheme designed to support those serving in the British military. Under this scheme, you can borrow up to 50 per cent of your annual salary interest-free up to a maximum of £25,000. This can then be put towards buying your first home. The scheme is currently open until the end of 2018.

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Further details on the scheme can be found on the government website here.

Find Out Current Best Rates

Property Value
£
Mortgage Amount
£
Reason for Mortgage
Mortgage Type
LenderInitial RateTypeForThenAPR*ERC*Fee
Progressive BS 2 Year Discount No Fee Purchase BPG0.51%Discount2 years4.35%3.17%2 years £0
Progressive BS 2 Year Variable No Fee Purchase Foreign Currency Loan BPG0.79%Discount2 years4.35%3.26%2 years £0
Progressive BS 2 Year Fixed £995 Fee Purchase BPG0.89%Fixed2 years4.35%3.96%2 years £995
Barclays Bank 2 Year Tracker £999 Fee Purchase No ERC BWO1%Tracker2 years3.74%3.3% £999
Skipton BS 2 Year Tracker £995 Fee SBS1.02%Tracker2 years4.64%3.9% £995
Accord Intermediary 2 Year Discount £495 Fee Purchase Free Val ACC1.04%DiscountMar-20244.49%3.7%31-Mar-2024 £495
Nationwide BS RETENTION 2 Year Tracker £999 Fee Existing Borrowers BNW1.04%Tracker2 years3.74%3.4% £999
Nationwide BS 2 Year Tracker £999 Fee BNW1.04%Tracker2 years3.74%3.4% £999
Nationwide BS FTB 2 Year Tracker £999 Fee Cashback BNW1.09%Tracker2 years3.74%3.4% £999
Progressive BS 2 Year Discount No Fee Purchase Family Assist BPG1.09%Discount2 years4.35%3.36%2 years £0
Mortgage product availability is subject to status and availability. Although great care is taken to ensure that product details are as accurate as possible no liability can be accepted for errors or omissions.
*APR = Annual Percentage Rate *ERC = Early Repayment Charge
*These figures are only illustrative. An assessment of your needs will be confirmed before a recommendation can be made. A Key Facts Illustration, which is personal to your circumstances, will be provided if a recommendation for a mortgage product is made.

Best Discounted Rates

LenderRateType
Progressive BS 2 Year Discount No Fee Purchase BPG0.51%
then 4.35
(variable)
DiscountRead More
Progressive BS 2 Year Variable No Fee Purchase Foreign Currency Loan BPG0.79%
then 4.35
(variable)
DiscountRead More
Stafford Railway BS Direct 2 Year Discount £1000 Fee SRB0.85%
then 2.95
(variable)
DiscountRead More

Best 5 Year Fixed Rates

LenderRateType
Progressive BS 2 Year Fixed £995 Fee Purchase BPG0.89%
then 4.35
(variable)
FixedRead More
Barclays Bank 2 Year Fixed £999 Fee Purchase BWO1.11%
then 3.74
(variable)
FixedRead More
Progressive BS 2 Year Fixed No Fee Purchase BPG1.14%
then 4.35
(variable)
FixedRead More
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