Property News · November 28, 2015

Help-to-buy Isa offers a helping hand on to the housing ladder


Young people struggling to save for their first home are now being offered a help-to-buy Isa, which comes with a tax-free handout from the government. We pick through the detailsA tax-free payment from the government of up to £6,000 for couples buying their first home, and interest rates of up to 4% when saving for a deposit, will be on offer to young buyers who take up the new help-to-buy Isa, which will launch next week.The 4% interest rate will be on offer in branches and online from Halifax from Tuesday, and is so far above the standard rates available on deposits that it is likely to spark a rush for the government scheme. Continue reading…

Source : theguardian.com
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