Published On: Sat, Jun 15th, 2024

Millions trapped in Help to Buy ISAs as house prices outstrip account allowances | Personal Finance | Finance


Millions of people could be trapped in Help To Buy (H2B) ISAs, with nearly 2.2 million currently open, new research has found.

A Freedom Of Information request made by the comparison site, Finder, found that these H2B ISAs currently hold a total value of almost £5.5 billion.

Previous research by Finder also found that the average house prices in 132 of 348 (38 percent) local authorities are currently above the current limit of £250,000.

This is projected to rise to over half (58 percent) of…



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