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Amend Help to Buy ISAs to allow bonus to apply to the initial cash deposit.

Submitted on Sunday 21st August 2016

Rejected on Monday 22nd August 2016

Current status: Rejected

Rejection code: duplicate (see below for details)

Petition Action

Amend Help to Buy ISAs to allow bonus to apply to the initial cash deposit.

Petition Details

The Government launched the Help to Buy ISA scheme in 2015 claiming it would help first time buyers obtain a deposit by boosting savings by 25%. On Friday 19 August, the Treasury told the Daily Telegraph that the bonus would not apply to the initial cash deposit. 500,000 set-up accounts before this.

Additional Information

http://www.telegraph.co.uk/news/2016/08/20/treasury-distances-itself-from-controversy-over-help-to-buy-isa/


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This petition was rejected

The Government e-Petitions Team gave the following reason:

There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.

You are more likely to get action on this issue if you sign and share a single petition.

petition.parliament.uk/petitions/165376

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