Who is eligible?

To qualify for a Help to Buy: ISA you must:

  • be 16 or over
  • have a valid National Insurance number
  • be a UK resident
  • be a first time buyer, and not own a property anywhere in the world
  • not have another active cash ISA in the same tax year: If you have opened a cash ISA this tax year, you can open a Help to Buy: ISA but will have to take additional steps. See the FAQ for more detail.

Help to Buy: ISA flowchart
To qualify for the government bonus, the property you are buying must:

  • be in the UK
  • have a purchase price of up to £250,000 (or up to £450,000 in London)
  • be the only home you will own
  • be where you intend on living
  • be purchased with a mortgage

You can use the Help to Buy: ISA with other government schemes, including the Help to Buy: mortgage guarantee scheme, Help to Buy: Equity Loan scheme and Shared Ownership.

Visit Own your home for information on more government schemes.