Mortgages built around military life
Armed forces personnel are reliable borrowers, but military life — frequent postings, living in service accommodation, deployment — needs a lender that understands it. The best mortgage works with your circumstances and any forces scheme you can use.
1. Mortgages using Forces Help to Buy
The Forces Help to Buy scheme lets eligible personnel borrow an interest-free advance toward a deposit. Best for serving members buying their first home or moving — pair it with a lender that accepts the scheme.
2. Lenders that understand postings and service accommodation
Some lenders are comfortable with personnel who live in service accommodation or rent out their home during postings. Best for those who'll let their property while posted elsewhere — choose a forces-friendly lender.
3. Mortgages allowing rental during deployment
Certain lenders permit you to let your home if posted away, without switching to a buy-to-let. Best for personnel who buy a home but may be deployed — confirm the lender allows this.
4. Mortgages recognising the armed forces pension
The forces pension is strong and supports lending. Best for established personnel and those transitioning to civilian life.
What helps forces personnel
- Use Forces Help to Buy if eligible
- Choose a lender comfortable with postings and service accommodation
- Confirm whether letting during deployment is permitted
- Keep a clean credit file for the best rates
How to find the best forces mortgage
Military circumstances need a forces-friendly lender, and a whole-of-market broker can match you to one that accepts schemes, postings and deployment. Find a mortgage broker through Nesto — free, no obligation.
Frequently asked questions
What is Forces Help to Buy?
A scheme letting eligible armed forces personnel borrow an interest-free advance toward a deposit, repaid from salary.
Can I let my home if I'm posted away?
Some lenders permit this without switching to buy-to-let. Confirm the lender allows letting during postings or deployment.
Do lenders understand service accommodation?
Forces-friendly lenders are comfortable with personnel living in service accommodation while owning a property elsewhere.
Does the armed forces pension help?
Yes — it's a strong pension that supports lending, including when transitioning to civilian life.
Can I use Forces Help to Buy with any lender?
No — you need a lender that accepts the scheme. A broker will match you to one.