A further issue has arisen with the government’s help-to-buy Isa, this time affecting those buying shared-ownership properties.
Such buyers will not qualify for a 25% bonus if the total value of the property is above the limits set in the savings scheme. This would also apply if the percentage being purchased is within the limit.
The official website says that in order to qualify for the bonus, a property cannot “cost” savers more than £250,000, or £450,000 in London.
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