Help to Buy: ISA calculator

The Help to Buy: ISA has been withdrawn and no more accounts can be opened.

Another choice for first-time buyers or those saving for their retirement is the Lifetime ISA which also offers a 25% Government bonus. With a Lifetime ISA you can save a maximum of £4,000 each tax year and the Government will award a bonus of 25% annually (up to a limit of £1,000 each year). To qualify you must be a UK resident aged 18-39 and must be saving for your first house or retirement. Other withdrawals will usually mean a 25% Government charge, so you could get back less than you put in.