A place for Forces personnel to call home

A place for Forces personnel to call home

By Ed Hanna

At Persimmon Homes, we know how important it is to have a home that you can call your own.

Forces Help to Buy is a £200m initiative that was launched in 2014 aimed at addressing the low rate of homeownership in the Armed Forces. The scheme is supported by Persimmon Homes nationwide across all of our regions.

If you’re regular Armed Forces personnel you’ll benefit by being able to borrow up to 50% of your salary interest-free and up to a maximum of £25,000, providing a boost towards your deposit on your new home. The money can also be used towards other costs such as solicitors’ and estate agent fees.

To be eligible for Forces Help to Buy, you must fulfil the following criteria:

  • Be in regular Service
  • Those Serving in the Royal Navy must have been accepted onto trained strength
  • Army and RAF personnel must have completed two years of Service from the date of enlistment and be on trained strength i.e. completed phase two training.
  • Have at least six months left to Serve at the time of application.

Servicemen and Servicewomen do not have to be married nor have children to be eligible – single there are extenuating medical and personal circumstances.

At Persimmon Homes we realise how great it is to be able to put your own stamp on your new home and that the introduction of personal details of colour and style are what turn a house into your home.

As a special ‘thank you’ to valued members of the Armed Forces, we’re offering a £5,000 contribution towards our Finishing Touches scheme, so that you can get started on making your house your home.

All Persimmon Homes offer exceptional value for money, and come with a two-year Persimmon defects warranty and a 10-year new homes warranty and a 10 year new homes warranty.

Experienced sales advisors are available on all of our developments to guide you through the Forces Help to Buy Scheme, as well as help you select the Finishing Touches that are perfect for you. From the day you reserve your new home to the moment you receive your keys, we’ll be there with you every step of the way.

Start your journey today by visiting persimmonhomes.com to search for the location and house type that’s just right for you. Don’t forget to mention ‘Forces £5,000’ when you get in touch.

Forces Help to Buy was originally due to end last year but due to its success, it’s been extended until December 2019.