Help to Buy Mortgage Advice in Harrogate

Don’t Miss Out on The Help to Buy ISA

The help to buy ISA scheme deadline is approaching fast, before 30th November 2019 act quickly and open an account.

The government has given the notice to say the scheme is getting scrapped; a couple of tips and for our readers,  opening help to buy ISA doesn’t mean you have to use it to buy a house straight away, you have up until 2029 to cash in before you would lose the benefits.

If you think you might want to buy with your current partner, then you should give them a nudge to encourage them to open help to buy ISA too. The accounts can begin with as little as a £1 initial deposit, so there’s more reason to open one if you are planning on buying your first home.

The government boosts your total savings by a generous 25% when you cash in to buy your first home. The maximum bonus payable capped at £3000. The scheme was designed to help kickstart the property market.

Be wary, there are also restrictions about how much you can pay in — Capped at £200pm with a maximum initial deposit of £1200. You cannot use the bonus itself for the deposit on a house, the main reason for this is you are not entitled to the bonus until your solicitor can evidence that you have used your savings to purchase your first home. The bonus is payable after completion has taken place.

For more information visit:

Help to Buy Mortgage Advice: 
Mortgage Broker in Harrogate
Book Your Free Mortgage Consultation
Meet The Harrogatemoneyman Team!

Quick Links to Our Services

Open & Honest Mortgage Advisor in Harrogate
Mortgage Advice in Harrogate You Can Trust

Mortgage Broker Harrogate Latest Articles...

News & Opinions

Need More Help?

Contact Us
Mortgage Broker Harrogate

We Search 1000's of Mortgage Deals For You

Here are some of the lenders we work with...

Some Mortgage Lenders We Work With
Mortgage Advice Harrogate Open & Honest Mortgage Advice in Harrogate & Harrogatemoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.

UK Moneyman Limited registered in England, registered number 6789312 and registered office 10 Consort Court, Hull, HU9 1PU.

The Financial Conduct Authority does not regulate most buy to let mortgages.

Your Rights | Privacy Statement