£3000 to help you buy


How to get £3000 to help you buy

HBC-Stamp-First-Time-BuyerHBC-New-Logo-200x200The Help to Buy ISA is a savings account created for first time buyers that enables you to save for a deposit for your first home. The state will then add a 25% bonus to whatever you have in your ISA account when you use this to purchase your first home! Don’t forget you will also receive interest on the account for the length of time it is in use* Lenders vary in the interest rates.

With two exceptions:

  • You need to have at least £1,600 saved to get the bonus (so you’d get £400 extra).
  • The most you’ll get the bonus on is £12,000 (so a £3,000 bonus). If you have more than that you can still use the ISA to save, you just won’t get more than £3,000 on top.

Who can open one?

HBC-New-Logo-200x200StampEvery first time buyer over the age of 16 is entitled to this bonus. You can open one anytime between 1 December 2015 and December 2019 and you’ll still get the bonus added as long as you use it for a deposit until 2030.

Now To Double The Money

HBC-New-Logo-200x200If you are a first time buyer who is purchasing with another first time buyer then you are both entitled to the bonus. If you are planning to buy a property with another first time buyer why not both open a Help to Buy ISA savings account? Double the savings and double the bonus!

For more information just give us a quick call.
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