The Armed Forces Covenant is a promise from the nation that those who serve or have served in the armed forces, and their families, are treated fairly. The Building Society Association has been working with the Ministry of Defence to ensure that service personnel are not disadvantaged when it comes to applying for financial products.
The Loughborough is committed to the Armed Forces Covenant which has specific benefits for those members of our Armed Forces who wish to buy their own home. For example, mortgage providers like us have agreed that if you’re posted overseas you’ll be able to rent out your home without facing higher mortgage costs or having to change your mortgage product.
We can help
Treating people as individuals is what we do at The Loughborough, so when it comes to mortgages we’ll talk to you one to one so we can understand your individual needs. If having been overseas means you don’t have a recent UK address history our approach means that shouldn’t be an issue and we recognise and accept the Forces Help to Buy scheme.
Our full range of mortgages is available to you to ensure you get the right solution for your needs.
You can find out more about the Armed Forces Covenant on the Government’s website and there are also some useful tips in the ‘Financial top tips for service personnel’ publication.