Your Industry  

Guide to Help to Buy Isas

    Guide to Help to Buy Isas


    It is designed to work with the grain of the existing Isa products.

    In broad terms, people putting money towards their first home through a Help to Buy Isa will be able to save up to £200 a month into their account.

    The government will then top up this amount, capped at a total of £3,000 on £12,000 of savings.

    First-time buyers will receive the government bonus at the point they are ready to buy their first home.

    This guide will explain how the Help to Buy Isa works, who the scheme is designed to assist and alternatives.

    Supporting material from: HM Treasury; Council of Mortgage Lenders; Money Advice Service;; Giles Martin, head of savings at Halifax; Simon Checkley, managing director of Private Finance; David Ingram, founder of mortgage adviser directory; Zack Hocking, head of savings at Virgin Money; and Anna Bowes, director of

    In this guide


    Please answer the six multiple choice questions below in order to bank your CPD. Multiple attempts are available until all questions are correctly answered.

    1. What is the maximum government Help to Buy Isa contribution?

    2. What does Mr Ingram say about the Help to Buy Isa?

    3. When is the Help to Buy Isa available until?

    4. The government bonus can only be put towards a first home located in the UK. True or false?

    5. Which provider does Ms Bowes say “could well clean up with its market leading 4 per cent rate?”

    6. What proportion of people polled by don’t trust the government to pay the Help to Buy Isa bonus?

    Nearly There…

    You have successfully answered all the questions correctly, well done!

    I completed this CPD in

    To bank your CPD please complete the form below.

    Were the stated learning objectives met?

    Why weren't they met?

    What did you learn from undertaking this CPD exercise?

    Why did you undertake this piece of learning?

    Any comments about this article or FTAdviser's CPD in general?


    Congratulations, you have successfully completed and banked this piece of CPD

    Already Banked!

    You have already banked for this article.

    To bank your CPD you must sign in or


    One or more questions have been incorrectly answered,
 please review your answers and try again.

    Please complete all the above text fields to bank your CPD.

    More Your Industry CPDSee my completed CPDSee all CPD