A government scheme which has been set up to help first time buyers save for a deposit for their home will soon close to new applications.

If you are a first time buyer and aged 16 or over you can use your ISA to buy any home worth up to £250,000 in Northern Ireland.

Through Help to Buy ISAs, the government will add 25% to your savings, up to a maximum of £3,000 on savings of £12,000.
With just over a week to go until the 30 November 2019 deadline, interested parties are being advised to register now via your solicitors or a financial advisor.

Darren Farnan, marketing manager at Braidwater, says:
“The Help to Buy ISA scheme has provided an excellent level of support to encourage more people to get on to the housing ladder for the first time. If you are a first time buyer and aged 16 or over you can use your ISA to buy any home worth up to £250,000 in Northern Ireland.
“If you have already opened your Help to Buy ISA before the deadline you can keep saving into your account and everyone must claim the bonus by 1 December 2030.
“You can apply for a Help to Buy ISA through a bank or building society either online, by telephone or in a branch and you can switch from one provided to another whenever you like.”
Find out more by clicking here.