Are military personnel given enough help and support to get on the property ladder?

#1
I was always amazed that more people were not keen to get on the property ladder. Is this because this is no longer important, or is it that there is/ was insufficient education and support to help (especially for younger Soldiers and Officers)? Or neither? Keen to hear views.
 
#4
Why should Soldiers need more help than your average civvy? If anything, Soldiers are in a better position to save for a deposit to put on a property, usually having a comparatively large disposable income. After 4 years I had purchased my first property and paid off a 4 year old Jag X type outright.
 
#5
Some of my more sensible friends who have served their full 22 were able to save up and buy themselves houses with little or no mortgage.

I think the main housing problem affecting Forces types is the fact that they can't find local authority housing as they move around so much and councils only rent to people with a connection to the community.
 
#6
I was always amazed that more people were not keen to get on the property ladder. Is this because this is no longer important, or is it that there is/ was insufficient education and support to help (especially for younger Soldiers and Officers)? Or neither? Keen to hear views.
My bold.

Where did that idea spring from? Or did you make it up?
 
#8
Why should Soldiers need more help than your average civvy? If anything, Soldiers are in a better position to save for a deposit to put on a property, usually having a comparatively large disposable income. After 4 years I had purchased my first property and paid off a 4 year old Jag X type outright.
Hi Clunge - The reason they may need more help is 1. they are busier and 2. They are given accommodation I completely agree that they are in a good position, I bought property throughout my time in the military, for me that was what tour money was for. This is why it often amazed me that it didn't seem more important to people.
 
#9
So what additional support do you think they need? Except when they're based overseas, when viewing prospective property and keeping an eye on the tenants is a tad more difficult, they've got at least as much support as the average civvy has.

Or are you getting at the idea that soldiers need to consider property management to look after their interests when they're out of the country?
 
#10
Busier? Granted, there was times I was on Exercise but I'm willing to bet like a lot of other Junior Ranks that there are large periods of time when there isn't much on and are monging it for weeks on end in the troop/platoon restroom. Currently on tour atm, and have help maintaining my property through a family member.
 
#11
The idea for this thread has come both from my own personal experience and from a recent conversation I had with a couple of (still serving) members of my property network.
So, really you've only joined to look for new business!
 
#12
Its a good idea giving squadies extra help....maybe If they were paid more than the equivalent civi and beer was cheaper on camp they might, just might, be able to get on to the property ladder....
 
#13
So what additional support do you think they need? Except when they're based overseas, when viewing prospective property and keeping an eye on the tenants is a tad more difficult, they've got at least as much support as the average civvy has.

Or are you getting at the idea that soldiers need to consider property management to look after their interests when they're out of the country?
I was not talking about property management, that may or may not be needed. I used to manage mine, and 2 properties bought with my brother were left to him when I was away. I am more interested in the education and awareness of property, the pitfalls (many) and advantages (many more - in my opinion).
 
#14
Its a good idea giving squadies extra help....maybe If they were paid more than the equivalent civi and beer was cheaper on camp they might, just might, be able to get on to the property ladder....
Away and talk shite! How many other jobs pay up to 27K a year with minimal GCSE's at entry level after several years?
 
#16
I was not talking about property management, that may or may not be needed. I used to manage mine, and 2 properties bought with my brother were left to him when I was away. I am more interested in the education and awareness of property, the pitfalls (many) and advantages (many more - in my opinion).
Do you, per chance, know of anyone who could educate the soldiers of today? It would suit someone who is ex forces, who can talk to them in a way they understand, who can help them navigate the perils of buying property...and that person would obviously be paid handsomely, maybe with the option of setting up a franchise in every garrison....
 
#18
Do you, per chance, know of anyone who could educate the soldiers of today? It would suit someone who is ex forces, who can talk to them in a way they understand, who can help them navigate the perils of buying property...and that person would obviously be paid handsomely, maybe with the option of setting up a franchise in every garrison....
I had loads of people telling me when I was a junior about how I should invest my vast amounts of disposable income on property......I went on the piss instead
 
#19
Do you, per chance, know of anyone who could educate the soldiers of today? It would suit someone who is ex forces, who can talk to them in a way they understand, who can help them navigate the perils of buying property...and that person would obviously be paid handsomely, maybe with the option of setting up a franchise in every garrison....

I think he probably does.....
 
#20
Then more fool them. Is it up to the army to impose this "education" on the perils of pissing your pay up the wall?
 

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