Help to Buy ISA - Deadline for applying - 30th November!

October 2019
The Help to Buy ISA is a great way of boosting your deposit. Once you've finished saving your deposit in your ISA, the government will provide you with a top up of 25% of what you've saved! The maximum amount buyers can save in a Help to Buy ISA is £12,000, which would result in an additional £3,000 from the government! You can even use the ISA with our Help to Buy Equity Loan scheme. 

Sounds good, right? Well, you better move quickly. The deadline to open your Help to Buy ISA account is 30th November 2019. After this date, buyers will not be able to open a Help to Buy ISA and will not be able to receive this top up. 

If you have a Help to Buy ISA already or are planning to open one before the deadline, don't panic. Funds can be added to the ISA until 30th November 2029 - though you will need to have claimed your bonus by 1st December 2030. This gives you plenty of time to save up your deposit for your dream home. 

Please note: Help to Buy ISAs are not managed by Help to Buy NEYH and are independent from the Equity Loan scheme. You will need to apply for the ISA through a bank or building society that offers the product - such as Barclays, Nationwide and Natwest. 

For more information on the scheme, please visit the official government website