
Clock is ticking on first-time buyer savings scheme
Prospective first-time buyers saving for a deposit are being urged to make use of their Help to Buy ISA allowance before the scheme is pulled at the end of the year. Anyone saving for a home is entitled to invest in the tax-free savings scheme which offers first-time buyers the opportunity to deposit up to £200 a month and receive a Government bonus of 25% up to a maximum of £3,000. But new research by specialist bank, Aldermore, revealed many people were not aware the scheme