Easy Access Help to Buy: ISA

The Help to Buy: ISA is no longer available for new accounts. If you have an existing account, you can continue to pay money in until 30 November 2029. You must claim your Government bonus by 1 December 2030 at the latest.

FSCS ProtectedWhen you save with Aldermore you have the added peace of mind that comes from knowing your money is protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme. Please bear in mind that any deposits you have above the limit are unlikely to be covered.

  • The maximum you can pay into a Help to Buy: ISA is £200 per calendar month
  • Your annual ISA allowance for the 2019/2020 tax year is £20,000. You can split the allowance across the different ISA types - cash ISA, stocks and shares ISA, innovative finance ISA and Lifetime ISA - or save the whole allowance in one type of ISA (apart from the Lifetime ISA, which has a limit of £4,000)
  • You can split your ISA allowance between our Help to Buy: ISA and other Cash ISA products so that you can use your full allowance. This will be classed as one Cash ISA for the purposes of HMRC reporting
  • The Government will give you a bonus of 25% when you complete on the purchase of your property, provided your Help to Buy: ISA has a balance of at least £1,600. The bonus on £1,600 would be £400. The maximum bonus you could receive is £3,000 if your Help to Buy: ISA has a balance of at least £12,000
  • You can make unlimited withdrawals without restriction or loss of interest and use your funds as you choose, including towards the deposit for your first home. However the bonus you receive when you complete your purchase will be based on the closing balance of your account
  • You can make deposits by Faster Payments, BACS, CHAPS or Standing Order from your nominated UK bank or building society account, or by transfer from other ISA providers. Interest will be earned from the date on which we receive your money
  • ISA flexibility doesn’t apply to the Help to Buy: ISA – any amount withdrawn from a Help to Buy: ISA can only be repaid into this account in accordance with the maximum monthly limit of £200. But you can replace money withdrawn from a Help to Buy: ISA by opening a new Cash ISA product with us at the interest rate available at the time or by paying money into another Cash ISA product already held with us that allows additional deposits. You won’t be eligible to claim a bonus on any money that isn’t held in your Help to Buy: ISA
  • To qualify for the Government bonus, the property you are buying must have a purchase price of up to £250,000 (or up to £450,000 in London). If you are buying a property that exceeds this value, you won’t be eligible for a bonus. This is also the case if you are buying a shared ownership property and your share of the property doesn’t exceed these limits, but the total value of the property does
  • When you close your Help to Buy: ISA we will provide you with closing documents. If you are purchasing your first property, you will need to present these to your eligible conveyancer and instruct them to apply for your Government bonus, providing your account has a balance of at least £1,600. Once they receive the Government bonus, it will be added to the money you are putting towards your first home. The bonus must be included with the funds consolidated at the completion of the property transaction. The bonus cannot be used for the deposit due at the exchange of contracts, to pay for solicitor’s, estate agent’s fees or any other indirect costs associated with buying a home
  • The favourable tax treatment depends on your individual circumstances and may be subject to change in the future


There are specific eligibility criteria and rules for the Help to Buy: ISA scheme. Please make sure that you have read these at www.helptobuy.gov.uk/isa, along with our Personal Savings Terms and Conditions and our Help to Buy: ISA Terms and Conditions.

Managing your account with us is simple and straightforward - and we're always on hand to help you if you've any questions. Here's how it works:

  • Once you’ve opened your account with us, we'll send you a Welcome Letter and your Customer ID, which you should usually receive within five business days. When you log in, we'll give you all the information you need to make the most of your new account
  • You can log into your account to view and print a transaction statement at any time and a Summary of Interest will be available in internet banking shortly after the start of each tax year
  • Need to access your money? Simply log in and follow the simple on-screen instructions; it should take less than a minute. However, please remember that under the Scheme Rules, if you wish to make a partial withdrawal you will not be able to claim a bonus on these funds.
  • Want to check your account details and rates? Just login whenever you like
  • Contact us whenever you need to – via our UK-based call centre on 0345 604 2678, by logging into your account and sending us a secure message or by emailing service@aldermoresavings.co.uk. Click here for our opening hours
  • No need to worry about bonus rates dropping off: there are no hidden bonuses or introductory offers - just consistently competitive rates
  • The interest rate on this account is variable. We’ll write to you  personally if the rate on your account changes
  • There are no fees or charges for standard account services. We may make a charge for any exceptional non-standard services which are made available to you on a discretionary basis

The rates we have previously paid on our Easy Access Help to Buy:ISA are shown on our Historic Rates Page.