You can get £3000 to buy your first house by doing this one simple thing - WalesOnline

You can get £3000 to buy your first house by doing this one simple thing – WalesOnline

The government is helping you buy a house by matching what you save. You need 1000 on your initial deposit to set it up. Every 200 you save the government will give you a bonus of 50 and will do that up to 3000. This program is used to help first time buyers with some requirements set in place. You must be 16, a first time buyer, a resident, and have a valid nation insurance number to qualify for ISA.

Key Takeaways:

First time purchasers require all the help they can get so this plan which could get you £3,000 towards your first home ought to be exceptionally welcome.
You can begin off your ISA with an underlying store of up to £1,000 which additionally fits the bill for the 25% lift from the administration.
The base government reward is £400, implying that you need spared in any event £1,600 into your Help to Buy: ISA before you can assert your reward.

“If you’re looking to climb onto the property ladder, the Government will boost your savings by 25% if you save money into a Help to Buy ISA.”