Friday 27th January 2023
This quarterly statistical release provides summary statistics on applications, payments and purchases made under the Forces Help to Buy (FHTB) scheme.
FHTB is an advance of salary scheme which was introduced in April 2014 and allows Regular Armed Forces personnel to borrow money to buy their first home or move to a new location.
Main Points and Trends
Since the Scheme began:
- 67,400 First Stage FHTB applications have been received.
- 32,746 of these applications have proceeded to the Second Stage.
- Payment has been made to around 28,668 applicants, totalling over £439 million, an average of approximately £15,320 per claim.
- At least 95% of payments, as at 31 December 2022, have already resulted in a purchased property or extension.
From: Ministry of Defence
Contains public sector information licensed under the Open Government Licence v3.0.