Virgin Money launches 3% Help to Buy ISA
Virgin Money has today launched its Help to Buy ISA, offering an interest rate of 3%.
Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in C:\inetpub\wwwroot\2025.financialreporter.co.uk\htdocs\templates\front-end\partials\article_blockquote.php on line 2
For first time buyers who want to save more each month than the Help to Buy ISA limit, Virgin Money has also launched a new Saving to Buy account, offering interest of 1.30%.
As well as allowing customers to save more than £200 per month, the account helps savers to maximise their tax-free allowance as they can set up a regular transfer from their Saving to Buy account into their Help to Buy ISA. Saving to Buy accounts can be opened with just £1 and there is a maximum balance of £30,000.
Zack Hocking, Head of Savings at Virgin Money said:
"The launch of the Help to Buy: ISA scheme is fantastic news for first time buyers, and with a competitive interest rate of 3.00% we are getting right behind the next generation of homeowners."
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
This week's biggest stories:
Blogs
Mark Eaton: Is 2026 the year brokers die out?
First-time Buyer
Improved affordability sparks 20% rise in first-time buyers: NationwideÂ
Inflation
Further rate cuts dampened as inflation rebounds to 3.4%
Mortgage Rates
Two Big Six lenders increase mortgage rates as swaps rise
Vida
Vida launches high LTV 'Pathway' mortgage range
FCA
Tribunal upholds £2m FCA fine for 'corrupt and dishonest adviser'
