Help to Buy ISA will end on 30 Nov. 2019

Getting into the UK property market as a first time buyer can be daunting and very difficult, especially saving for deposit as average UK property prices and living expenses are expensive.

If you’re dreaming about buying your first home and your are over the age of 16, the Help to Buy ISA could be the savings account for you. It lets you save tax-free, gives you instant access to your cash, pays a competitive interest rate, and when you buy your first home you can claim a 25% government bonus on amounts saved between £1,600 and £12,000.mortgage-imagery-homes-made-from-twenty-pound-notesYou can only open a Help to Buy: ISA until 30 November 2019. After this date, the account will not be open to new savers, as the government is closing the scheme.

Even if you’re not planning on buying any time soon, or are unsure of your future plans, you can still open a Help to Buy: ISA with as little as £1 today, and continue saving into the account up until 30 November 2029. The government will boost your savings when you buy your first home up until 1 December 2030.

You can earn a competitive interest rate which will help your savings grow – up to 2.58% AER per year/2.55% or more tax-free per year variable depending on the bank or financial institution current interest rate available.. You can pay in up to £1,200 in the first calendar month, then up to £200 per calendar month afterwards.

Because it’s an ISA, interest paid on the account will be tax-free – just remember you can only pay into one cash ISA per tax year.

Thinking of buying a property?

Need help with property investment in the UK from start to finish, Please Contact me

Dennis Bebo – MSC, BSC, DEA, CeMAP

TA DenEco Consultancy – www.deneco.co.uk

 

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denecoblog

I am a Property/Energy Consultant TA DenEco Consultancy - www.deneco.co.uk: A friendly, energetic and adaptable individual with keen interest and aptitude for learning and motivating others, with great academic skills and work experience in both Life science and Environmental Management, seeking an opportunity to use his proven flair for teamwork and creativity in Property Purchase, Energy Efficiency, Environmental management for sustainable development and growth in any related sector or industry. I help individuals, businesses, SMEs and corporate clients save or make money in regards to Property investment, energy efficiency, environmental management solutions. The foundation of my experience is environmental protection. I have a passion for helping people, businesses and corporate organization achieve their dream through Property Investment and become more efficient and effective in their energy, and environmental management. I get satisfaction from knowing that the work am doing is helping make/save money and the environment.  Contact us @ www.deneco.co.uk Outside of work you can find me spending time with family, studying and researching for new opportunities and continuous development. Specialties: Property Investment, EPC provider, Energy Efficiency, Environmental  management.

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