Thursday, 5 November 2015

A Month To Go To The Help To Buy: ISA Government Bonus

With one month to go until launch date, the government has confirmed the five simple steps first time buyers need to follow to claim their government bonus from the Help to Buy: ISA:
1.       first time buyer puts money away in a Help to Buy: ISA account
2.       first time buyer closes their account when they are ready to purchase their first home and receives a closing letter from their ISA manager
3.       first time buyer gives the closing letter to their solicitor
4.       using the letter, the solicitor applies online for the government bonus
5.       bonus is transferred to the solicitor, who completes the purchase of the home using the full bonus amount

Read more on the GovUK website.

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