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Help to Buy ISA

I have been investing in the stock market for a few years now, probably with the ultimate aim of getting a house deposit together.

I have next to zero cash savings.

Is putting away £200 a month into a help-to-buy ISA as much of a no-brainer as it sounds to me?

Comments

  • jimjames
    jimjames Posts: 18,796 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    El_Selb wrote: »
    Is putting away £200 a month into a help-to-buy ISA as much of a no-brainer as it sounds to me?
    Yes, if you're planning on buying a house.


    Although if you have zero cash savings then it may be worth building up those alongside so you don't need to withdraw cash from the HTB ISA for any emergency.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • They may have changed it but you used to only be able to buy a new build. Which isn't for everyone.
  • Archi_Bald
    Archi_Bald Posts: 9,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    The HTB ISA never had a 'new built only' requirement.
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