Pages




This Army HIVE is open for visitors. An appointment system is in place so before your visit please email or phone the HIVE to book one. Please also ensure that ‘Hands, Face, Space’ is adhered to within the HIVE building and office to protect all visitors and staff. Alternatively our staff are available to answer your queries by email and telephone during the advertised office hours.

If you want to ensure that you receive the very latest information including official Army policy and guidance plus local insights, please contact the HIVE to be added to our distribution list for regular email updates. We abide by the Data Protection Act and you can withdraw your permission to receive our emails at any time.

Please also see HIVE’s other social media platforms: www.facebook.com/ArmyHIVE and Army HIVE Twitter @ArmyHIVEinfo

Thursday, 24 October 2019

Forces Help to Buy Scheme - Extended to 2022

https://www.forces.net/news/forces-help-buy-military-housing-scheme-extended

The Forces Help To Buy scheme was due to end in December 2019.

A Government scheme to help military personnel get on the property ladder has been extended until the end of 2022.
The Forces Help to Buy scheme has lent more than £280 million to more than 18,000 Armed Forces applicants since its introduction in 2014, according to the Ministry of Defence (MOD).
The scheme allows military personnel to borrow an interest-free deposit of up to half their annual salary, but is only accessible to regular serving personnel.
The loan, which has to be repaid over a 10 year period, is capped at £25,000.
It can be used towards buying a home, building an extension or moving to another property because of work or "as their needs change".
It can also be used to cover other costs including solicitor and estate agents' fees