Advice built around military life
Can you buy a property while living in military accommodation? Could you buy a home now and rent it out until you're ready to live there? Could Forces Help to Buy help you purchase a home? And what are your house purchase options when leaving the Armed Forces, or facing relationship breakdown, discharge or redundancy?
At PFL Mortgages, we're Armed Forces specialist mortgage advisers and members of the Services Insurance and Investment Advisory Panel (SIIAP). We understand the opportunities and challenges of buying a home during military life, and we're here to help serving personnel, veterans and their families explore what's possible.
You don't need to be ready to apply for a mortgage to speak to us. We're happy to help you understand your options.
Military life can affect when, where and how you buy a home. Postings in the UK and overseas, the option of buying while living in Service accommodation, military pay and allowances, and plans for life after Service can all influence your decisions.
Our advisers understand these challenges and know that mortgage lenders don't all approach military circumstances in the same way. We can help you find a lender who understands your situation and explore what's possible when buying a home while serving.
For example, some lenders may allow you to buy a property using a residential mortgage and rent it out until you're ready to move in. This can avoid the need for a buy-to-let mortgage, which typically requires a much larger deposit and often comes with higher interest rates and fees.
If you'd like a home of your own to live in now, don't assume you need substantial savings. Forces Help to Buy could provide up to £25,000, and for some people that may be enough to cover both the deposit and legal costs. You might be closer to buying than you realise.
If you're planning for life after Service, it's worth exploring your home ownership options early. As your leaving date approaches, mortgage lenders may need to consider what income you'll have afterwards, rather than relying on your military salary. Leaving it too late could limit your options, even while you're still serving.
We can also help you explore affordable home ownership schemes if buying a property outright is beyond your budget, as well as moving home or re-mortgaging. And if your circumstances are changing because of a relationship breakdown, discharge or redundancy, we're here to help you understand what home ownership options may be available.
More than mortgage advice
When you're ready to buy, our help goes beyond arranging the mortgage. We can assist with making offers to estate agents, finding solicitors who understand the needs of Armed Forces families and have experience with Forces Help to Buy, and helping your purchase progress smoothly. We'll also keep you informed every step of the way, so you always know what's happening.
Our support isn't just for when you're ready to buy. We want to help you understand your home ownership options at every stage of military life, whether you're buying your first home, planning for life after Service or facing a change in circumstances that could affect your entitlement to Service accommodation. That's why we've created five free guides covering some of the most important home ownership questions facing the Armed Forces community.
Our home ownership guides
1. Buying Your First Home While Serving
2. Forces Help to Buy
3. Affordable Home Ownership
4. Home Ownership after Loss of Entitlement to SFA
5. Buying Your Home for Life After Service
You can read or download all five guides at https://pflmortgages.com/guides-and-advice.
Have a question? Ask us
Whether you've got a simple question or something more complicated you'd like to discuss, you can ask us directly at https://pflmortgages.com/ask. One of our three Armed Forces specialist mortgage advisers — Craig, Lucy or Charles — will personally answer your question, either by email or with a phone call, whichever you'd prefer.
Supporting the Armed Forces community
For us, supporting the Armed Forces community isn't a marketing campaign — it's part of who we are.
Members of the Armed Forces and their families never pay us a fee for our help. We also make a donation to SSAFA for every completed Armed Forces mortgage.
We help military families however much — or however little — they need us.
PFL Mortgages — https://pflmortgages.com/armed-forces
Can you buy a property while living in military accommodation? Could you buy a home now and rent it out until you're ready to live there? Could Forces Help to Buy help you purchase a home? And what are your house purchase options when leaving the Armed Forces, or facing relationship breakdown, discharge or redundancy?
At PFL Mortgages, we're Armed Forces specialist mortgage advisers and members of the Services Insurance and Investment Advisory Panel (SIIAP). We understand the opportunities and challenges of buying a home during military life, and we're here to help serving personnel, veterans and their families explore what's possible.
You don't need to be ready to apply for a mortgage to speak to us. We're happy to help you understand your options.
Military life can affect when, where and how you buy a home. Postings in the UK and overseas, the option of buying while living in Service accommodation, military pay and allowances, and plans for life after Service can all influence your decisions.
Our advisers understand these challenges and know that mortgage lenders don't all approach military circumstances in the same way. We can help you find a lender who understands your situation and explore what's possible when buying a home while serving.
For example, some lenders may allow you to buy a property using a residential mortgage and rent it out until you're ready to move in. This can avoid the need for a buy-to-let mortgage, which typically requires a much larger deposit and often comes with higher interest rates and fees.
If you'd like a home of your own to live in now, don't assume you need substantial savings. Forces Help to Buy could provide up to £25,000, and for some people that may be enough to cover both the deposit and legal costs. You might be closer to buying than you realise.
If you're planning for life after Service, it's worth exploring your home ownership options early. As your leaving date approaches, mortgage lenders may need to consider what income you'll have afterwards, rather than relying on your military salary. Leaving it too late could limit your options, even while you're still serving.
We can also help you explore affordable home ownership schemes if buying a property outright is beyond your budget, as well as moving home or re-mortgaging. And if your circumstances are changing because of a relationship breakdown, discharge or redundancy, we're here to help you understand what home ownership options may be available.
More than mortgage advice
When you're ready to buy, our help goes beyond arranging the mortgage. We can assist with making offers to estate agents, finding solicitors who understand the needs of Armed Forces families and have experience with Forces Help to Buy, and helping your purchase progress smoothly. We'll also keep you informed every step of the way, so you always know what's happening.
Our support isn't just for when you're ready to buy. We want to help you understand your home ownership options at every stage of military life, whether you're buying your first home, planning for life after Service or facing a change in circumstances that could affect your entitlement to Service accommodation. That's why we've created five free guides covering some of the most important home ownership questions facing the Armed Forces community.
Our home ownership guides
1. Buying Your First Home While Serving
2. Forces Help to Buy
3. Affordable Home Ownership
4. Home Ownership after Loss of Entitlement to SFA
5. Buying Your Home for Life After Service
You can read or download all five guides at https://pflmortgages.com/guides-and-advice.
Have a question? Ask us
Whether you've got a simple question or something more complicated you'd like to discuss, you can ask us directly at https://pflmortgages.com/ask. One of our three Armed Forces specialist mortgage advisers — Craig, Lucy or Charles — will personally answer your question, either by email or with a phone call, whichever you'd prefer.
Supporting the Armed Forces community
For us, supporting the Armed Forces community isn't a marketing campaign — it's part of who we are.
Members of the Armed Forces and their families never pay us a fee for our help. We also make a donation to SSAFA for every completed Armed Forces mortgage.
We help military families however much — or however little — they need us.
PFL Mortgages — https://pflmortgages.com/armed-forces