The 250,000 total equates to one account every 30 seconds
or more than 3,000 a day across the UK. The Government said figures provided by some of the banks
offering the new Isas show that three-quarters (75%) of people who have opened
them so far have been aged 30 and under. First-time buyers can put up to £200 a
month in a dedicated Isa that the Government will top up by 25% - meaning a £
50 bonus for every £200 saved. The maximum Government bonus is £3,000. To
receive that, someone will need to have saved £12,000.First-time buyers can
also open their account with a one-off lump sum of up to £1,000 in addition to
the monthly £200 maximum deposit. Read more on the Express & Star website.
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