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Who can use it?
Regular personnel that meet the desired criteria can take advantage of the scheme, whether that's in order to buy their first property, or move further up the property ladder.
How does it work?
The three-year scheme allows qualifying personnel to take a loan of up to 50% of their yearly salary from the Ministry of Defence. This loan can then be used to help in the purchase of your home, whether that's to contribute towards your deposit, the solicitor's or estate agent's fees.
The loan is capped at £25,000 and must be repaid to the Ministry of Defence in monthly instalments.
Other ways we can help you move
Mastermove
Move in 3 simple steps with Mastermove
Find out more about Mastermove, and take the stress out of selling your current property.
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Early Bird
Be one step ahead with Early Bird
Reserve your Redrow home before its official release for sale with no obligation to proceed if you change your mind.
FIND OUT MORE