Topping up deposit

[bobski1]

Looking to buy within the next 6-12 months. Have some but ideally want to try top up the deposit with as much as possible before the time comes to buy bigger deposit the better the rate.

I know there are a few schemes to help save more/increase deposit but don't know a lot about them.

Any advice or people to speak to about this?

[Dan_M5]

Your not really going to get much in 6months

[Dave350]

You can put £1.2k into a Help2buy ISA in the first month providing you haven't put into another ISA this tax year. Then £50 a month after that.

1st month - £1.2k
5 months at £200 per month

Total - £2.2k
Help2buy benefit = additional £550

A quick call to a bank can set one up for you.

[BlueFiestaST]

If there are two of you you could set up 2 H2B ISA's?

[bobski1]

The houses we are looking at buying would be over the £250k threshold so wouldn't qualify for the bonus unfortunately.

Will still look into if it's worth getting even just for the short term.