Petition · past parliament

Amend Help to Buy ISAs to allow bonus to apply to the initial cash deposit.

Rejected 15 signatures

What the petition asks

The Government launched the Help to Buy ISA scheme in 2015 claiming it would help first time buyers obtain a deposit by boosting savings by 25%. On Friday 19 August, the Treasury told the Daily Telegraph that the bonus would not apply to the initial cash deposit. 500,000 set-up accounts before this.
http://www.telegraph.co.uk/news/2016/08/20/treasury-distances-itself-from-controversy-over-help-to-buy-isa/

Why it was rejected

There was already a petition about this issue. Duplicates are rejected so signatures collect in one place.

Timeline

21 Aug 2016 Petition opened for signatures
22 Aug 2016 Rejected by the Petitions Committee

Key facts

Signatures 15
Status Rejected
Rejected 22 Aug 2016

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Source: the official petition page. Last checked 15 Jul 2026.