You need to:
- be a first-time buyer
- have had an account open for at least 3 months
- have at least £1,600 in your account.
The Scheme applies to properties in the UK with a purchase price of up to £250,000 outside London and £450,000 within certain London Boroughs as specified in the Help to Buy: ISA Scheme Rules. For shared or joint ownership properties this means the full sale price of the property, not just the cost of the initial share being bought.
For full details of the Scheme Rules, please visit helptobuy.gov.uk/isa or ask us for a copy in branch.