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.
Applies to England
Documents
Details
This scheme is now closed for applications, but you can find other home ownership schemes on Own Your Home.
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