Skipton Building Society has extended its new Isa top up window for customers until 8 August.
The firm said in a statement that it is “recognising that many people have accounts that mature at the end of the month, and are subsequently unable to access the extra funds until then”.
The building society said that the changes to Isa rules “has led to an unprecedented demand for Skipton’s Isa offerings”, adding that the firm had witnessed a record number of applications for NISA-prepared products.
Demand over 2014 represented double that of the previous year for the number of Isa transfers processed.
In June, the firm wrote to all of its 2014/2015 customers to inform them of the new rules following the Budget.
Skipton also claimed to be the first UK institution to ensure that all fixed rate Isa customers who subscribed from 6 April would be able to deposit a £5,940 current allowance, and, following that, top up to £15,000 in July following the changes announced in the Budget.
Kris Brewster, Skipton’s head of products, said: “We know just how important maximising use of Isa allowances is for Skipton customers are delighted to be able to extend our Nisa top up window to ensure as many of fixed rate Isa customers can benefit from the increased Nisa allowance as possible.”
