Help To Buy: ISA – 6 Things You Might Not Know

1.       If you’re thinking about opening a Help to Buy: ISA on 1 December, here’s some useful information.  Several banks and building societies have already committed to offer the Help to Buy: ISA from 1 December

2.       You can put up to £200 away in your Help to Buy: ISA per calendar month

3.       Your bonus funds must be used towards your property’s completion

4.       The interest you earn on the money in your account will count towards your government bonus

5.       When you are ready to purchase your first home your solicitor or conveyancer will apply for your bonus

6.       You need to apply for your bonus within 12 months of closing your account

For more details see the Gov.uk website.