{"id":2648,"date":"2015-03-27T00:00:00","date_gmt":"2015-03-27T00:00:00","guid":{"rendered":"http:\/\/dev1.2facearts.com\/index.php\/first-time-buyers-savings-plan\/"},"modified":"2015-03-27T00:00:00","modified_gmt":"2015-03-27T00:00:00","slug":"first-time-buyers-savings-plan","status":"publish","type":"post","link":"https:\/\/hebblethwaites.com\/index.php\/first-time-buyers-savings-plan\/","title":{"rendered":"First time buyers savings plan"},"content":{"rendered":"<p>\n\t&nbsp;If you are a first time buyer a new savings scheme introduced in the Budget last week is well worth considering.<\/p>\n<p>\n\t&nbsp;Nick named the Help to Buy ISA, the ISA will allow you to save up to &pound;200 a month, and if you fulfil the various conditions set out below, the Government will boost your savings by 25% when you purchase your first home. This is how it will work:<\/p>\n<p>\n\t&nbsp;&nbsp;<\/p>\n<ul>\n<li>\n\t\tnew accounts will be available for 4 years, but once you have opened an account there&rsquo;s no limit on how you long you can save for<\/li>\n<li>\n\t\taccounts will be available through banks and building societies from Autumn 2015<\/li>\n<li>\n\t\tyou can make an initial deposit of &pound;1,000 when you open the account &ndash; in addition to normal monthly savings there is no minimum monthly deposit &ndash; but you can save up to &pound;200 a month<\/li>\n<li>\n\t\taccounts are limited to one per person rather than one per home &ndash; so those buying together can both receive a bonus<\/li>\n<li>\n\t\tonly available to individuals who are 16 and over<\/li>\n<li>\n\t\tthe bonus is available to first time buyers purchasing UK properties<\/li>\n<li>\n\t\tminimum bonus size of &pound;400 per person<\/li>\n<li>\n\t\tmaximum bonus size of &pound;3,000 per person<\/li>\n<li>\n\t\tthe bonus will be available on home purchases of up to &pound;450,000 in London and up to &pound;250,000 outside London<\/li>\n<\/ul>\n<p>\n\t&nbsp;<\/p>\n<p>\n\tThe Government bonus will be paid when you buy your first home.<\/p>\n<!-- -->","protected":false},"excerpt":{"rendered":"<p>&nbsp;If you are a first time buyer a new savings scheme introduced in the Budget last week is well worth considering. &nbsp;Nick named the Help to Buy ISA, the ISA will allow you to save up to &pound;200 a month, and if you fulfil the various conditions set out below, the Government will boost your [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1],"tags":[],"class_list":["post-2648","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/hebblethwaites.com\/index.php\/wp-json\/wp\/v2\/posts\/2648","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hebblethwaites.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hebblethwaites.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/hebblethwaites.com\/index.php\/wp-json\/wp\/v2\/comments?post=2648"}],"version-history":[{"count":0,"href":"https:\/\/hebblethwaites.com\/index.php\/wp-json\/wp\/v2\/posts\/2648\/revisions"}],"wp:attachment":[{"href":"https:\/\/hebblethwaites.com\/index.php\/wp-json\/wp\/v2\/media?parent=2648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hebblethwaites.com\/index.php\/wp-json\/wp\/v2\/categories?post=2648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hebblethwaites.com\/index.php\/wp-json\/wp\/v2\/tags?post=2648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}