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  • Sorry for being a bit lazy to go back a few pages... been thinking about opening a help to buy ISA for a while, but I can't really see me gaining anything significant if buying is not a too distance dream...

    Max saving per month: £200 with an additional £1000 for the 1st month, so after 12 months:

    £3400 x 2% from my bank x 25% from gov = £4335 (£935 interest)

    So if I aim to buy within a year, the max I can gain is less than £1000 and I hear it's not straight forward to get that bonus from the gov? Would possible solicitor fees make it not worth the bother at all? My own ISAs are actually still paying not far off from 2% interest anyway...

  • Watch out for the cap on house value. Late to the party on this one. Our broker didn't notice that we were over the value threshold so between the two of us we were a grand in cash down when the solicitor broke the news that we wouldn't be getting the payout.

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