Guidance

Armed Forces home ownership scheme

The scheme provided assistance for regular serving members of the British Armed Forces to purchase a home on the open market that best suited their needs.

This publication was withdrawn on

This content has been withdrawn as this scheme is now closed. Contact your Local Help to Buy Agent for information on other schemes.

Applies to England

Documents

Armed Forces Home Ownership Scheme: buyers' guide

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Details

This scheme is now closed for applications, but you can still contact your Local Help to Buy Agent for information on other schemes.

The Armed Forces Home Ownership Scheme was an affordable housing product, managed and delivered by the Homes and Communities Agency (HCA), working in partnership with funding from the Ministry of Defence.

It was a pilot scheme designed specifically to provide assistance for regular serving members of the British Armed Forces, who met certain eligibility criteria, to purchase a home best suited to their needs, on the open market.

 Scheme fees and charges

  • Redemption (repaying your loan): £200
  • Staircase: £200
  • Remortgage: £50
  • Move Away from Base: £30
  • Home improvements: £50
  • Transfer of Equity (change of ownership): £50
Published 1 January 2010