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Make the treasury change the Help to Buy ISA so it CAN be used for a deposit!

Submitted on Monday 22nd August 2016

Rejected on Monday 22nd August 2016

Current status: Rejected

Rejection code: duplicate (see below for details)

Petition Action

Make the treasury change the Help to Buy ISA so it CAN be used for a deposit!

Petition Details

The Daily Telegraph revealed that Help to Buy ISA bonus can't be used to help with First Time Buyers with their deposit. This ISN'T what we were told! This needs to change to help First Time Buyers onto the property ladder. We were MISLEAD.

Additional Information

George Osborne, who set up the scheme last March said: "A 10 % deposit on the average first home costs £15,000, so if you put in up to £12,000, we’ll put in up to £3,000 more."

Only now are we finding out that this will actually be given after completion. So who exactly does this help? A maximum of £3000 off a £240,000 mortgage? This isn't little to NO help.

Please sign my petition to help get this changed, so the bonus can actually be used to help young people buy their first home!


You can't sign this petition because it was rejected. But you can still comment on it here at Repetition.me!

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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