§ Commander Keransasked the Secretary of State for Defence what advice and assistance is given to junior officers regarding mortgages through building societies for purchase of their own houses during their period of service.
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§ Mr. H. FraserAll three Services run mortgage saving schemes in co-operation with the Building Societies Association and the Halifax Building Society. Personnel of all ranks can arrange for regular payments to be made into a savings share account opened with any building society taking part in the scheme. In this way they can save enough for a deposit on a house, and the societies undertake to give them special consideration when they apply for a mortgage. The schemes are widely publicised. Personnel are encouraged to take advantage of them and can obtain advice at their units.