If you’re a member of HM Forces, you may or may not be aware of the ways that Linden Homes can help you, whether you’re buying a new home, returning from overseas, relocating within the UK or taking your first steps on the property ladder.
As a way of assisting servicemen and servicewomen, we have created a Forces Package that includes Help to Buy*, HM Forces Help to Buy and our own Forces Package. By taking advantage of these, you’ll be able to get into your new Linden home while saving money at the same time.
Here’s more information about each part of the Package;
The Government-backed Help to Buy scheme
This is one of the most common home buying schemes in the UK, where you only need a minimum of 5% deposit, and the Government will lend you up to 20% of the value of your home through an equity loan. This means you only need to secure a mortgage of up to 75% from a bank or building society. The equity loan can be repaid at any time, or on the sale of your home.
HM Forces Help to Buy scheme
Now extended until 31st December 2019, this scheme enables service personnel to borrow up to 50% of their salary+ (up to a maximum of £25,000) interest free. This can be used as a deposit or to buy your first home, to move to another property on assignment or as your family requirements change, or even for solicitor’s and estate agent’s fees. This scheme is open to all regular personnel who:
Please note: It is recognised that there may be instances where exceptions to the standard rules may be justifiable, especially where there are extenuating medical and personal circumstances.
Linden Homes’ Forces Package
Our exclusive offer allows for a £500 discount for every £25,000 of your new property’s value, meaning you could get a discount of up to £5,000^ on the purchase of your Linden Home. For example, on a £250,000 property;
Our exclusive Forces Package adds up to a great money-saving move for members of HM Forces. Talk to us today about how you can take advantage of the package and get moving into your new Linden Home.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER DEBT SECURED ON IT. Credit is secured against your home. *Subject to status, Help to Buy Terms & Conditions and available on selected properties in England only. Eligible applicants will be offered an equity loan up to a maximum of 20% of the purchase price (based on the open market value). Applicants are required to fund at least 80% of the purchase price by means of a conventional mortgage, savings/deposit where required. The equity loan is provided by the HCA and held as a second charge. This offer is not available in conjunction with any other promotion. Full details will be provided on request.
+Servicemen & servicewomen can apply for the loan online through the Joint Personnel Administration system. Terms and conditions apply. Available on selected homes only.
^Terms and conditions apply. Available on selected homes only. Discount available to a maximum of £5,000. Click here for full terms and conditions.
All images are used for illustrative purposes only and are representative only. They may not be the same as the actual home you purchase and the specification may differ. Images may be of a slightly different model of home and may include optional upgrades and extras which involve additional cost. Individual features such as windows, brick, carpets, paint and other material colours may vary and also the specification of fittings may vary. Any furnishings and furniture are not included in any sale. Please check with our sales representatives for details of the exact specifications available at the development(s) for each type of home and the associated prices.