Property News · February 4, 2016

Savers open 250,000 help-to-buy Isas in first two months


Three-quarters of savers signing up for scheme intended to help them buy a home are aged 30 and under, Treasury saysHelp-to-buy Isas have been opened at a rate of one every 30 seconds since the initiative launched on 1 December, George Osborne has announced.The scheme, unveiled in the budget last March, awards those saving for their first home £50 towards a deposit for every £200 they put in the tax-free account. Aspiring homebuyers can save up to £12,000 in the new Isas, entitling them to up to £3,000 of government money towards their deposit. Continue reading…

Source : theguardian.com
Read more…Savers open 250,000 help-to-buy Isas in first two months

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