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News analysis: Call to support armed forces – Mortgage Strategy

Virgin Money has become the latest lender to join the Ministry of Defence (MoD) scheme to help armed forces personnel onto the property ladder. But some brokers object to the scheme’s piecemeal adoption and say the programme should become standard policy for all major lenders. The Forces Help to Buy scheme allows

Virgin Money and Clydesdale Bank to accept Forces HTB as mortgage deposit

Virgin Money and Clydesdale Bank to accept Forces HTB as mortgage deposit
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Virgin Money moves to accept Forces Help to Buy loans   – Mortgage Strategy

Virgin Money and Clydesdale Bank will now accept Forces Help to Buy loans as a mortgage deposit.   This scheme allows armed service personnel to borrow up to half of their salary, up to a maximum of £25,000 interest-free towards the purchase of a home, in a measure passed by the Ministry of Defence as "an enduring

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