{"id":172130,"date":"2026-07-06T14:00:04","date_gmt":"2026-07-06T07:00:04","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-new-isa-rules-melt-my-brain-but-thats-not-even-the-worst-thing-about-these-changes-for-first-time-buyers-jason-okundaye\/"},"modified":"2026-07-06T21:27:26","modified_gmt":"2026-07-06T14:27:26","slug":"the-new-isa-rules-melt-my-brain-but-thats-not-even-the-worst-thing-about-these-changes-for-first-time-buyers-jason-okundaye","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-new-isa-rules-melt-my-brain-but-thats-not-even-the-worst-thing-about-these-changes-for-first-time-buyers-jason-okundaye\/","title":{"rendered":"The new Isa rules melt my brain: but that\u2019s not even the worst thing about these changes for first-time buyers | Jason Okundaye"},"content":{"rendered":"


\nQuite aside from all the convolutions, it\u2019s clear the government is ignorant of the reality for young people like me hoping to get on the property ladderI need to talk about money. Specifically my finances and trying to buy a house as a young person. I hope you\u2019ll forgive me if I sound like I don\u2019t know what I\u2019m talking about, but that\u2019s because I\u2019m going to try to make sense of the government\u2019s reforms to personal savings accounts, known as Isas.These products have become significantly overcomplicated in recent years, with the government continually refreshing what were conceived of as simple tax-free savings accounts with new rules, allowances, products and age restrictions. I\u2019m not alone in feeling overwhelmed and frustrated. As the deputy money editor of the i newspaper, Callum Mason, put it: \u201cIt\u2019s hard enough to understand if you cover money for a living \u2013 I don\u2019t know how the general public is supposed to do so.\u201dJason Okundaye is a Guardian Opinion assistant editor Continue reading…
\n
\nSource : theguardian.com
\nRead more…The new Isa rules melt my brain: but that\u2019s not even the worst thing about these changes for first-time buyers | Jason Okundaye<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Quite aside from all the convolutions, it\u2019s clear the government is ignorant of the reality...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-172130","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-IMi","jetpack-related-posts":[{"id":51953,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ford-wheels-out-range-of-online-savings-accounts\/","url_meta":{"origin":172130,"position":0},"title":"Ford wheels out range of online savings accounts","date":"April 15, 2017","format":false,"excerpt":"\r Motoring group\u2019s products include bonds and Isas, with rates that are \u2018fair and consistent\u2019Ford has motored into the UK savings market with a range of customer accounts. The global car group is promising \u201ccompetitive rates that are fair and consistent over time\u201d, though concedes it is \u201cnot going to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30353,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/savers-suffer-as-banks-withdraw-more-than-100-savings-accounts\/","url_meta":{"origin":172130,"position":1},"title":"Savers suffer as banks withdraw more than 100 savings accounts","date":"October 17, 2016","format":false,"excerpt":"\r The number of available products is at its lowest level since 2007, following the Bank of England\u2019s August base rate cutMore than 100 savings accounts have been withdrawn from the market since the Bank of England cut interest rates in August, and the choice available to savers has hit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21584,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/savings-accounts-disappear-as-bank-of-england-prepares-to-cut-rates\/","url_meta":{"origin":172130,"position":2},"title":"Savings accounts disappear as Bank of England prepares to cut rates","date":"August 1, 2016","format":false,"excerpt":"\r Moneyfacts says 13 best buy savings deals were withdrawn from the market and have yet to be replacedBest-buy savings accounts are disappearing rapidly ahead of the expected cut to base rate by the Bank of England on Thursday.Data provider Moneyfacts said that in July 13 best buy savings deals\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8232,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pension-expert-calls-for-tax-free-isas-to-be-made-lifetime-savings-accounts\/","url_meta":{"origin":172130,"position":3},"title":"Pension expert calls for tax-free Isas to be made lifetime savings accounts","date":"August 5, 2014","format":false,"excerpt":"\r Savings proposal suggests the Treasury could contribute 50p for every pound saved, up to an annual allowance of \u00a38,000Tax-free Isas should be transformed into \"lifetime\" savings accounts topped up with Treasury cash, according to a leading pensions expert.Michael Johnson, a research fellow at the Centre for Policy Studies thinktank,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172278,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fed-holds-rates-steady-what-it-means-for-credit-cards-savings-accounts-mortgages-and-auto-loans\/","url_meta":{"origin":172130,"position":4},"title":"Fed holds rates steady: What it means for credit cards, savings accounts, mortgages and auto loans","date":"July 30, 2026","format":false,"excerpt":"\r The Fed's benchmark affects many of the interest rates consumers see every day, including those tied to mortgages, credit cards, car loans and savings accounts.\r \r Source : cnbc.com\r Read more...Fed holds rates steady: What it means for credit cards, savings accounts, mortgages and auto loans","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1024,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/grow-their-interest-the-best-childrens-savings-accounts\/","url_meta":{"origin":172130,"position":5},"title":"Grow their interest: the best children\u2019s savings accounts","date":"January 8, 2016","format":false,"excerpt":"\r Children can get great rates by putting their Christmas cash into an account. At up to 6% interest, returns can be better than almost anywhere else out thereMany children will have received cash over Christmas, and most will spend it pretty quickly. But if the sums are quite generous\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172130"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=172130"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172130\/revisions"}],"predecessor-version":[{"id":172131,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172130\/revisions\/172131"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=172130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=172130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=172130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}