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Plot 7

Ways to buy

Details of ways we can help you buy your first or next home

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Money for nothing

Have you heard about the Help to Buy ISA?

If you haven't, you need to read this.

If you're saving to buy your first home, for every £200 you save, the Government will give you £50.

You could receive a maximum of £3,000 from the Government to help you buy your first home - if you save £12,000, the Government will give you £3,000.

It gets better - if you're buying as a couple you can each open a Help to Buy ISA - meaning that you could receive up to £6,000 towards your new home.

What's the catch? Well there isn't one! The only condition attached to receiving the extra money is that you must use your savings to buy a home. It's worth noting that the bonus earned from the ISA cannot be used for the deposit due at the exchange of contracts, to pay for solicitor's, estate agent's fees or any other indirect costs associated with buying a home. You will need to keep some savings back for these fees.

So, if you're looking to get on the housing ladder and want to find out more, watch this short video…

 For all the information you need, including an ISA calculator take a look here.

31 October 2016