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Increase the maximum house price on the Government Help to Buy ISA

Submitted on Wednesday 4th May 2022

Rejected on Thursday 5th May 2022

Current status: Rejected

Rejection code: duplicate (see below for details)

Relevant Departments

Petition Action

Increase the maximum house price on the Government Help to Buy ISA

Petition Details

Increase the maximum price (currently £250,000) to be eligible for 25% help to buy ISA bonus outside of London.

Additional Information

With a serious increase in house prices, purchasing a house with a partner limits the options to remain eligible for the 25% ISA bonus.

For example, a 3 bedroom semi-detached house in Staffordshire you can expect to pay in excess of £280,000. Losing out on this bonus would be a real shame to couples purchasing their first property together with starting a family in mind.

Bringing the maximum price in line with house price increases in recent years would ensure the incentive remains current.


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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/614815

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