House Purchase
Turning to house purchase matters and once again the unique situation that Service personnel face comes to the fore.
Mortgages arranged through a non sympathetic lender will not only encounter problems such as the electoral register identified previously but also restrictions on unoccupancy (if you need to leave the residence empty whilst on Exercise or Deployment) or if you wish to let the property whilst away for an extended period.
Some lenders will also penalise you if you are unable to move into the property because you are already occupying a Family Quarter many miles away. Rather than offering you their standard price they charge you for their more expensive 'Buy to let' rate.
Once again a SIIAP Member Firm will seek out the best option for you and your personal circumstances.
Abacus Ltd
abacus@abacuscover.com