Service accommodation at Woolwich, South East London (stock image) [Picture: Crown Copyright/MOD 2010] |
The move follows a Military Covenant Housing Summit chaired by Housing Minister Grant Shapps and means that serving members of the Armed Forces, as well as those recently retired, will be able to benefit from the FirstBuy Scheme, providing £400 million to help 10,000 families across the country get on the property ladder over the next two years.
80% of a home is not home ownership, it's co-ownership. A mortgage on 80% + rent on 20%, having to hand over 20% of the market value after a more complicated and time consuming sales process. Avoid!
ReplyDelete