If you haven’t already, Saturday is the last day to open a help to buy ISA‼️
In just seven days the Help to Buy ISA, a government-backed savings initiative for first-time buyers, will close to new savers for good.
Help to Buy ISA’s will no longer be available to new applicants after 30 November, meaning there’s just one week left to open one of these accounts that pays a generous 25% government bonus to help people get on the property ladder.
You get tax-free interest, a 25% bonus from the government on top of whatever you put in, and you can keep your cash in there as long as you’d like.
If you’re buying as a couple, you can have an account each – you’ll still get 25% from the government EACH to get you on the property ladder. So if you save £6k, that’s £1.5k from the government. If you both save £6k, that’s £3k from the government. So already, instead of £12k, you’ve now got £15k… no brainier!
You also have access to this money whenever you want – even if you’re not even thinking of buying a house yet!
You can open one online today with your existing bank for as little as £1. So, if you haven’t already, and haven’t yet bought a house – do it 💪🏼
YOUNG’NS – this is aimed at you! You’ve got to be 16 to open one and can hook it on to your existing bank account. 🏦
Start thinking about your future and SAVE 💰