The Forces Help to Buy scheme allows serving members of the armed forces to borrow up to 50% of their annual salary, capped at £25,000, interest-free.

The loan can be used towards your deposit, legal fees, or other buying costs.

It’s repaid over a ten-year period through your military pay and is not treated as debt when mortgage lenders assess your affordability.

The scheme is open to most regular service personnel who have completed the required service length and meet the minimum service requirement at the time of application.

Can I Use FHTB to Buy in Hull?

Yes. If you’re eligible for the scheme, first time buyers can use the loan to buy a property in Hull or the surrounding area.

We’ll make sure your lender is happy to accept the scheme and structure the application accordingly.

Not all lenders support FHTB, so getting this right early on is key.

Can Forces Help to Buy Be Combined With a Mortgage?

Absolutely. Most people using FHTB still need a mortgage to cover the rest of the purchase price.

The good news is that many lenders will accept the FHTB loan as part, or even all, of your deposit, depending on their criteria.

You may also be able to combine FHTB with other deposit sources, such as personal savings or a gifted deposit.

We’ll check your full situation and confirm which lenders are most likely to accept your application.

Is There a Catch?

The FHTB loan is interest-free and won’t harm your credit score.

That said, it does need to be repaid monthly through your salary, so lenders will take this into account when assessing affordability.

We’ll make sure this is factored into your mortgage application and help you present the strongest possible case to the lender.

Speak to a Mortgage Broker in Hull

If you’re a member of the armed forces and planning to buy in Hull, we can guide you through the Forces Help to Buy scheme from start to finish.

We’ll confirm your eligibility, handle the mortgage side, and ensure your deposit is structured correctly.

Let us take care of the details, so you can focus on your next move with confidence.

Date Last Edited: 01/07/2026