Forces get extra housing help - News in brief - Evening Standard
       

Forces get extra housing help

The Government is to offer extra help to armed forces personnel to buy their first home or get a council house, housing minister Yvette Cooper has announced.

Shared equity loans are to be extended to the services - boosting the spending power of eligible military families by almost a third.

Under the low-cost housing scheme, personnel who qualify will be able to top up a regular mortgage with a loan provided by the Government and one of four private sector lenders.

Ms Cooper said: "This new support recognises the vital contribution our Armed Forces make to our communities.

"We want to help more key workers, like service personnel, and other first time buyers get a foot on to the housing ladder.That's why we have set out investment of £10.2 billion to provide thousands more affordable and social homes."

Junior defence minister Derek Twigg hailed it as an example of the Government's commitment to the armed forces, following heavy criticism over recent months over their treatment.

"I am delighted that the Government is making it easier for members of the Armed Forces to buy their first home. This is a further demonstration of the Government's ongoing commitment to our service personnel," he said.

The law is also changed to stop them being pushed down the waiting list for local authority accommodation on the basis that they do not have a "local connection" with where they are based or live.

Ms Cooper added: "It is only right that we provide our servicemen and women with the best possible support as they move back to civilian life.

"The service our armed forces give to their country must not place them an any disadvantage when applying for council housing."

News in brief in Pictures

Don't Miss
Rock star: Erin Wasson

Rock star

Erin Wasson is the ultimate anti-supermodel
Maybe it’s because she’s a Londoner … Happy anniversary, Ma’am

Happy anniversary

The monarchy has become stronger and more respected in the past 60 years
Victoria Coren: My obsession with children, five proposals a week and why David and I are no power couple

Victoria Coren

David Mitchell and I are no power couple
The Royal Academy of Arts Summer Exhibition preview party

Summer party

Stars at the The Royal Academy of Arts
London gets ready for the Diamond Jubilee - in pictures

Diamond Jubilee

London gets ready - in pictures
The Glamour Awards - stars turn on the style

Glamour Awards

Stars turn on the style
Duchess of Cambridge is pretty in pink at her first Buckingham Palace garden party

Garden party

Duchess of Cambridge is pretty in pink
FIRST review of Ridley Scott's latest sci-fi blockbuster Prometheus

First review

Is Ridley Scott's Prometheus any good?
Fair-weather goths

Fair-weather goths

The sultry shades of summer darks are coming out of the shadows
Dog save the Queen: Corgis surge in popularity

Dog save the Queen

Corgis surge in popularity