The best mortgage rate offers for military personnel.

Achieving lenders best mortgage rate offers for those in the military can sometimes be difficult. As military personnel often have circumstances different to civilians, lenders standard affordability checks may not appropriate

Mortgages for those serving in the armed forces can sometimes require specialist underwriting. Deal Direct understand the need for advice is crucial for military personnel, who may need to be guided through the various possibilities and problems that could be faced. At Deal Direct we are up to date on all mortgage deals offered to the military and can negotiate the most competitive deal available.

As British military personnel are posted all over the world they often do not have a fixed address. While a British Forces Post Office number is assigned for receiving post, this number does not constitute a proper address and so does not appear on any credit check information which could be problematic when applying for a mortgage.

Help is on hand though, through Deal Direct who understand lenders criteria, know who to approach for a deal and how best to present an armed forces mortgage application.

Currently the best mortgage rate offers for military personnel come from the Nationwide, Royal Bank of Scotland, Halifax and Santander who all look at each case on an individual basis.

Nationwide offer deals to military personnel posted overseas and the lender then allows the property to be rented out by the mortgage holder while abroad, without having to switch to a buy to let mortgage deal.

Martyn Dyson who is head of mortgages at Nationwide advises that at times of conflict overseas, lenders must support the military in anyway they can. He added that practical initiatives are needed to help remove any financial worries from brave people when risking their lives.

The government also backs schemes aimed at helping military personnel achieve lenders best mortgage rate deals, for example the FirstBuy scheme which is regularly used by the armed forces.

For the very best mortgage rates offered for armed forces personnel contact Deal Direct today.