skip to main content
Jul 2016

Over 500,000 Help To Buy ISAs Opened Since Launch

Over 500,000 Help To Buy ISAs Opened Since Launch

If you are saving to buy your first home, save money into a Help to Buy ISA and the government will boost your savings by 25%. So, for every £200 you save, receive a government bonus of £50. The maximum government bonus you can receive is £3,000.

On the 1st of December 2015 the government launched its Help to Buy ISA scheme to help first time buyers save up a deposit for their homes; and it has since proven extremely popular with people looking to get on the property ladder.

Government statistics reveal that more than half a million people have already opened Help to Buy Isa’s, in a turnout which chancellor George Osborn described as “hugely encouraging”.

The Help to Buy ISA works by the government topping up your savings by 25%, so for every £200 you save; the government will contribute £50. The minimum amount you need to save to qualify is £1600, which immediately grants you a £400 bonus. The most you can get from this scheme is £3000, so the maximum amount you can save in a Help to Buy ISA is £12000.

Moreover, these high in demand ISA’s are not limited to each house; instead they are available to each first time buyer, so if you’re buying a property with your partner, you’ll be able to get up to £6000 contributed towards your deposit; which explains why first time buyers have taken to them so quickly.

The figures also show that 2,090 bonuses were paid under the scheme up until the end of May, and the average value of the bonuses were £421; which has gone towards the completion of 1,490 properties.

The Help-to-buy Isa has been described as a “no-brainer for the time being for those saving toward their first home” by Danny Cox of investment provider Hargreaves Lansdown. Although he goes on to suggest that from April 2017, the more generous ‘Lifetime Isa’ will become the saving scheme of choice.

For more information see our help to buy isa section

High Income ISAs

High income ISA ideas:

ISAs Products

Cash ISAs

Fixed Rate & Instant Access ISAs:

Cash ISAs: 

Stocks & Shares ISAs

Types of Stocks and Shares ISA include: 

Stocks and Shares ISAs

Latest News

A New “Care ISA” To Fund Care Home Costs?

21st August 2018

For anyone around retirement age, paying for our care costs when we get older is a worry that probably ranks second only after a fear of developing dementia. Will a new type of ISA be the solution?

Newsletter Signup

Sign up to our Newsletter to get exclusive news and offers direct to your inbox.

About us is a trading style of Fair Investment Company.

We've been comparing and recommending ISAs for many years so you can trust you're in good hands.

About us

4.89 Average

36 Reviews


I found the way the different options are presented very clear - much more useful than some other comparison sites. I sent it to my daughter as well.


Very informative, find myself a good ISA account with best return in terms of interest.


Easy to navigate, all required information was to hand. Professional looking site!

Jessica Esa has a really attractive and simplistic design. I've found it easier to use than other similar comparison sites. The products are simply described, it's informative and the pros and cons are really clear. Great website.


Easy to use website and up to date. Saved the link on my tablet.

Rob Holden

The website was very useful and informative.

Andrew Johnson

ISA can be confusing at first and this site includes a useful and helpful introduction into the world of ISAs


Excellent website - clear and helpful information about different products - and a trustworthy partner.


Quick and professional service provided


Very insightful and easy to navigate.. would recommend to anyone interested

Helen Belcher

Clear concise information that was easy to understand!


Easy to use website and up to date. Saved the link on my tablet.


simple, informative and clear - found what I was looking for straight away. Thank you.


Really simple to use and all the information was clear with lots of products available. The interest calculator was really handy too. Have bookmarked and will definitely use again.


Very helpful site for my investment isa

Hannah Gordon

This was a really user-friendly site, and was very helpful when it came to comparing accounts and choosing my 2016 ISA.


Easy to use website and up to date. Saved the link on my tablet.


If you wish to invest in an ISA this site has it all. A super comprehensive range of simply explained products from all the major companies.

Cristina Iacob

Very knowledgeble company with an extensive range of services, a great website with loads of useful information.

Jessica Morley

Really informative and easy to use site. Information is laid out very clearly and comparisons have all the plus & minuses I'm interested in, so makes me feel like I am making an informed decision. There was also a lot of additional information which would be incredibly helpful to someone completely new to ISAs who wanted to read up on the basics.

Sam H

excellent website, helped me to understand how i can get started with ISA's and helped me to narrow down great deals!