Are You a First Time Buyer? This is a Must Read!

April 6, 2017

What is LISA and how can it help you as a first time buyer?

[lead]A Lifetime Individual Savings Account is the answer to the problem many of you first time buyers are facing each month when trying to save money for that all important deposit.[/lead]

We have all been there! With savings account paying you very little for the money you are working so hard to save, LISA is that helping hand to get you on the property ladder, perhaps sooner than you may think!

It is designed to appeal to people saving for their first home. Savers will be able to make annual contributions up to £4,000 which will then be topped up with a fantastic 25% bonus from the Government. So for every £1,000 invested or saved, the Government will provide a £250 top-up.

Isn’t it just the same as the “Help-to-Buy Isa”?

There are many more benefits to LISA, all of which will be a better proposition for savers. Most importantly, the maximum Government bonus available under the Help-to-Buy Isa is restricted to £3,000 (on a contribution of £12,000).

All you need to know is within the below link… take a look! You might be glad you did!

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