"This is a welcome initiative that will boost homeownership and help first time buyers get further support to get onto the housing ladder.
"It is a no brainer to open one of these ISAs, given that first time buyers will receive a 25% Government bonus to their deposit. The bonus will be available on properties worth up to £450,000 in London and up to £250,000 outside of London and this ensures the bonus will be going to those who really need help to get on the property ladder."
"Given we are part of the Help to Buy: mortgage guarantee scheme, this is something we are looking at closely with our savings team."
For further information, journalists can contact:
Nicola York, Cicero Group
Phone: 020 7297 5965 / 07841 864 107
Notes to Editors:
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