Allow the Help to Buy ISA bonus to be used for deposits for first-time buyers.

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Petition Action

Allow the Help to Buy ISA bonus to be used for deposits for first-time buyers.

Petition Details

The Help to Buy ISA was set up by the government to help first-time buyers. However the money the government puts in cannot be used as part of the deposit.

As the scheme is supposed to help first-time buyers, the money should be usable for the deposit helping people get on the housing ladder!

Additional Information

http://www.itv.com/news/2016-08-20/help-to-buy-isa-scandal-leaves-500-000-first-time-buyers-unable-to-use-scheme-for-deposits/

http://www.telegraph.co.uk/news/2016/08/19/help-to-buy-isa-scandal-500000-first-time-buyers-told-scheme-can/

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