Over half a million have taken up UK flagship home buying savings product

Over 500,000 people have opened Help to Buy ISAs, which offer government bonuses of up to £3000, as they save towards buying a home, the latest data shows. Figures also show that since the launch of the Help to Buy equity loan, mortgage guarantee and ISA schemes over 160,000 completions under the schemes have taken place, with 80% having been made by first time buyers. The average house price being purchased with support from the Help to Buy schemes is £189,795, significantly below the nationa...