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CML welcomes Help to Buy ISA Budget announcement PDF Print E-mail
Wednesday, 18 March 2015

The Council of Mortgage Lenders (CML) welcomes the announcement by the Chancellor of the Exchequer in today’s Budget of a "Help to Buy ISA" scheme, designed to provide a 20% government-funded boost to savings accumulated for a deposit.

The CML looks forward to working with Government on the details of the scheme.
CML director general Paul Smee comments:
"Those who can save for a deposit will appreciate the boost announced in today's Budget. Such steps are welcome. But as saving for a deposit will never become easy, we still need a clear focus on the supply of new housing that will help deliver a sustainable, affordable housing market over the long term."

(Source - CML Press Release)


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