British scheme is like SSIAs, only different
Editor’s note Tina-Marie O’Neill There are fears that George Osborne’s move will push up property prices across Britain
It was interesting to note the approach that British Chancellor of the Exchequer George Osborne took to assisting first-time buyers on the property ladder last week when he announced proposals for a Help to Buy ISA, or Individual Savings Account, in Britain’s Budget 2015.
Under the scheme, Osborne has proposed that the British government will add £50 to every £200 saved towards a deposit in the ISA, a measure not unlike Ireland’s Special Savings...
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