Capital Fortune is a national and
award winning mortgage, buy-to-let
and insurance broker.

Call today to speak to an expert

020 77 100 400

REQUEST A CALLBACK
Image
As Featured
Awards from
Our customers have rated our service
Feefo logo 96%
Peter Marshall - Purchase
From the beginning excellent communication and feedback, follow up from the team of Peter Bartlett, Alex Fryday & Garry Skimins was prompt and helpful, concluding ...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.

Image

What Our Customers Say

Customer - Purchase
Seemless, professional but user friendly. I felt in good hands from the very start. ...Read More
8 days ago

Customer - Purchase
Excellent service and extremely useful to us. They accessed much better deals (and larger loans) than we were able to find on our own, and the fees we paid them were more than outweighed by the money saved in terms ...Read More
12 days ago

Customer - Rmg - Capital Raising
Very good initial response (Greg Simkins). However, at times there seemed to be a lack of communication within the team. This improved when Stephen Marsh took over. ...Read More
13 days ago

Steven - Buy to Let Remortgage
These guys are so professional. Not only are they literally the only company in the UK to handle business owners, but they deliver an effective and professional service. London office with supportive UK staff who just get the job dfone ...Read More
18 days 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.

Image

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.

Image

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
Lender Initial Rate Type For Then APR* ERC* Fee
Monmouthshire BS 2 Year Discount £1999 Fee Purchase BMO0.99%Discount2 years 5.24%4.4%2 years £2149
Beverley BS 2 Year Discount £1895 Fee BBV1.28%Discount2 years 4.75%4.2%2 years £1895
Leeds BS 2 Year Tracker £999 Fee BLH1.32%TrackerOct-20205.69%4.8%31-Oct-2020 £999
Accord Intermediary 2 Year Discount £1495 Fee ACC1.34%DiscountFeb-20214.99%4.2% £1495
Skipton BS Intermediary Exclusive 2 Year Fixed £1995 Fee SBS1.38%FixedOct-20204.99%4.5%31-Oct-2020 £1995
Leeds BS 2 Year Fixed £1999 Fee BLH1.39%FixedDec-20205.69%4.9%31-Dec-2020 £1999
Progressive BS 2 Year Discount No Fee Purchase BPG1.39%Discount2 years 5%4.58%2 years £0
Skipton BS 2 Year Tracker £995 Fee SBS1.42%Tracker2 years 4.99%4.3% £995
Barclays Bank 2 Year Tracker £1999 Fee Purchase Wealth BWO1.44%Tracker2 years 4.24%3.8% £1999
TSB Intermediary 2 Year Fixed £995 Fee Purchase TSB1.44%FixedNov-20204.24%3.9%30-Nov-2020 £995
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
Monmouthshire BS 2 Year Discount £1999 Fee Purchase BMO0.99%
then 5.24
(variable)
DiscountRead More
Yorkshire Building Society Direct 2 Year Discount £1495 Fee YBS1.17%
then 4.99
(variable)
DiscountRead More
Beverley BS 2 Year Discount £1895 Fee BBV1.28%
then 4.75
(variable)
DiscountRead More

Best 5 Year Fixed Rates

LenderRateType
Yorkshire Building Society Direct 2 Year Fixed £1495 Fee YBS1.38%
then 4.99
(variable)
FixedRead More
Skipton BS Intermediary Exclusive 2 Year Fixed £1995 Fee SBS1.38%
then 4.99
(variable)
FixedRead More
HSBC Direct 2 Year Fixed £1499 Fee C/A Premier Standard HSB1.39%
then 4.19
(variable)
FixedRead More
Image

Get Guaranteed Lowest Rate Mortgages

Award-winning
Mortgage Advisers

Fast Decisions

National Coverage

Holistic Approach

Comprehensive Panel

Direct Access to Underwriters

No Obligation Quote

Send an Enquiry

Did you know we also offer these services?

Conveyancing

Conveyancing

No Sale, No Fee, Fixed Price

Removals

Removals

Low Cost, National Coverage

Surveyors

Surveyors

Instant Online Quotes