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Saturday, 1 March 2014

Get on the property ladder

Get on the property ladder

There are several schemes aimed at helping soldiers buy their own home. The Long Service Advance of Pay (LSAP) is an interest-free Army loan of 182 days’ pay, up to the value of £8500, to help you put a deposit on a property. And if you’ve served between four and six years you could also borrow up to 50% of the value of a property (up to £75,000) through the Armed Forces Home Ownership Scheme (Pilot).

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