29 November 2019

Banks report last minute surge in help to buy ISAs

Written By FinTech Alliance in Mortages

Banks report last minute surge in help to buy ISAs

With the deadline for new accounts Saturday 30 November, there has been a last minute surge in help-to-buy ISA applications.

In Brief:

  • The scheme offers buyers up to £3,000 to spend on a new build home. 

  • Various conditions, such as the value of the property, must be met to gain the government bonus.

  • It aims to help buyers get on the property ladder.

What does this mean?

A flurry of applications has been reported by banks and building societies that offer the ISA, since it’s possible to open an account with just £1.

Read more here.

 

Up Next ...
01 November 2024

Mollie and Hyvä announce strategic partnership, launching Hyvä Commerce

Mollie, a leading financial service provider, has partnered with Hyvä, ...

01 November 2024

CBI partners with Zumo to advance innovation in sustainability of digital assets

Commercial Bank International (CBI) in the UAE has partnered with ...

01 November 2024

Causal, key player in the financial planning and analysis market, becomes part of the Lucanet Group

Lucanet, a leading provider of CFO software solutions, has acquired ...

30 October 2024

LSEG Risk Intelligence unveils two new verification solutions to combat advanced fraud techniques globally

LSEG Risk Intelligence has introduced two cutting-edge verification tools to ...

More in Mortages

Co-operative Bank buys Sainsbury's Bank's mortgage portfolio

15 August 2023

The Co-operative Bank has made a £464m deal to buy ...

UK mortgages FinTech Habito raises £5mn 

20 September 2022

Digital mortgage broking business Habito has just closed a £5mn ...

Starling Bank has acquired a $1bn mortgage book

16 November 2021

Starling Bank has purchased a mortgage portfolio worth £1bn from Kensington ...

Tembo Money secures £2.5mn

06 August 2021

Key backers include Aviva and Nationwide In Brief:Tembo enables first-time buyers ...

There are no Knowledge Bank in this category

There are no Events in this category