To buy a home you must first find out how much you can afford. Many banks and building societies offer mortgage loans, but there will be other upfront costs such as a deposit and stamp duty. See the Money Advice Service website for an estimated breakdown of buying and moving costs.
How do I buy a home while serving?
You can apply for an interest-free loan through the Forces Help to Buy scheme while you are still serving, which can help with the cost of a deposit. Visit the Government website to learn more about the Forces Help to Buy scheme.
What help can I get if I'm serving or a veteran?
Many affordable government housing schemes are available in Wales, and they offer different ways to help you buy a home by allowing you to part buy and part rent.
National Housing Pathway for Ex-Service personnel
The National Housing Pathway for Ex-Service personnel is the Welsh Government's commitment to support former Armed Forces personnel obtain suitable accommodation, including access to local authority homelessness services. The Government's Package of Support outlines the support and services available to ex-Service personnel for housing, healthcare, employability, education and more.
If you're serving or are within 24 months of leaving the Armed Forces, you have priority status for affordable housing schemes.
Where can I go for help?
If you want to know more about buying a home, contact Shelter Cymru. They can provide expert advice about the buying process.
Other sources of help
Help for Heroes offers advice and support to veterans. For house purchasing advice and guidance, visit their website.
Veterans' Gateway - Access to Housing Advice
The Veterans' Housing Advice service, initially provided by the Cobseo group of charities, and delivered by The Royal British Legion, Connect Assist and Shelter, has now been merged into Veterans' Gateway. The service is accessible 24/7 and supported by a resident housing specialist located at the Contact Centre.
The team aim to support veterans in finding, securing or maintaining accommodation by utilising the skills and resources of the Cobseo Housing Cluster, local authority contacts and other housing providers. Information can be accessed by telephone, email, live chat, social media, and on the website by visiting Veterans' Gateway/Self Help/Housing.