The Minister has also signalled that the Government will ensure that all low-cost home ownership schemes will now routinely place members of the Armed Forces at the top of their priority lists, and that government housing agents will be instructed to go out and actively recruit military personnel for such schemes.
The news comes in addition to work between the Government, credit agencies and the Royal Mail (who set postcodes on which many credit ratings are based) to ensure that those living on a base or serving abroad are not disadvantaged when applying for a mortgage.
Mr Shapps said:
"This Government is not in the business of giving out pointless sympathy or hand-outs. Instead, we’re pulling out all the stops to give our brave Armed Forces a helping hand onto the property ladder.
"So, I can confirm that military personnel are being promoted – instead of being just one of the priority groups for schemes like FirstBuy, they will now become the absolute top priority.
"Our Armed Forces are being moved to the very front of the queue. And when the first keys to these new FirstBuy homes are handed over in September, I want to ensure that the brave and loyal men and women who serve in our Armed Forces, and have put their lives on the line to preserve our freedom and way of life, have had an opportunity to benefit.
"But that’s not the end of the story – until now we’ve had a mad situation where living on a base or serving abroad has disadvantaged people in the Armed Forces applying for a mortgage. So the Government will also be working with credit reference agencies and Royal Mail to ensure that this is no longer the case."
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