Find out how opening a Help-to-Buy ISA before 30th November 2019 can help you if you are looking to get on the property ladder.
The help-to-buy ISA was launched in 2015. It’s a government incentive scheme for anyone, alone or with others, saving to buy their first home. It offers a cash incentive equal to 25% of money you pay into the ISA. The incentive (which is a maximum of £3,000) is only allowed where the ISA savings are used to go towards the purchase of your first home. The help-to-buy ISA is closing to new investors on 30 November 2019 but if you already have one you can continue to save into it and receive the incentive.