Welcome to the Armed Forces Home Ownership Scheme website
Funding for the AFHOS scheme is now at a very low level and it is unlikely that we'll be able to assist many more applicants. If you have been approved to look for a property, and to avoid disappointment, we would ask you to contact us before putting in an offer to ensure that enough funding is available for you. We may also not be able to give you the full AFHOS Equity Loan amount that has been stated on your approval letter.
For all other applicants we would suggest that you look at the other Government schemes available to you such as Help to Buy and Shared Ownership and further details of these can be found on www.helptobuy.org.uk. Your financial advisor will be able to advise on the best way forward for you.
Please note you are not eligible if you have LESS THAN 4 YEARS or MORE THAN 6 YEARS service (from your Enlistment Date).
The Armed Forces Home Ownership Scheme is a pilot scheme designed to help you buy a home to suit your needs, with some extra help to top up your mortgage. The scheme is designed specifically to provide assistance for qualifying service personnel to purchase a home on the open market.
If you are eligible, we could give an equity loan of between 15-50% of the value of the home you choose on the open market, usually through an estate agent. For example, if you qualify for a mortgage of £70,000 and have a deposit available of £10,000, you could potentially purchase a property worth up to £155,000.
To be eligible you must have between 4-6 years continuous service, and be unable to afford a suitable home on your own. For more details about eligibility for the scheme, click here.
To access the Armed Forces Home Ownership Scheme Buyers' Guide, click here.
About Swaythling Housing Society Ltd
The Armed Forces Home Ownership Scheme is available only in England and is delivered through Swaythling Housing Society Ltd, the appointed Scheme Agent. We will manage the scheme on behalf of the Homes and Communities Agency and the Ministry of Defence, and provide after sales service.