The UK government has introduced a new scheme to assist first time buyers who are in the process of saving for a deposit.
If you are a first time buyer, you can save up to £200.00 per month towards your first home with a Help-to-Buy ISA.
When you are in the process of purchasing your first property, the government will boost your savings by 25%; meaning, for every £200.00 you save you will receive a £50.00 bonus (maximum government contribution: £3,000.00).
When you come to purchase a property using your Help-to-Buy ISA savings, you will need to instruct a Solicitor registered with the government scheme to act on your behalf. We here at Passmores are registered and ready to act on your behalf with the new Help-to Buy ISA scheme.
Please refer to the government web-site for more information on the scheme.
Contact Passmores today on 01446 721000 or email@example.com for your conveyancing quotation.