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Looking to to buy your first home?

  • Writer: Evolution Accounts
    Evolution Accounts
  • Sep 7, 2019
  • 1 min read

Time is running out if you want to get help from the government to buy your first home, but there is a way round it.


The deadline for applying for a "Help to Buy" Isa is 30 November 2019, but you can open one before then with just a £1, meaning you won't lose out on this valuable initiative, if you decide it's the route you want to go to save.


Saving in this ISA means the government will add 25% to your savings up to a maximum of £3,000 on savings of £12,000 to help you buy your first home. Once opened, the facility is available until 2029, giving you plenty of time to save.


There is a replacement for this initiative called the Lifetime Isa (LISA), which will also give a 25 % boost, but the rules are slightly different.


You can find out more about both of these ISA's here https://bit.ly/2lJTZfh








 
 
 

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