
Angela Russell, Deputy Chief Executive and Finance Director, Newcastle building society, said: “The Government focus in recent budgets to improve the ISA landscape for savers is encouraging. It was confirmed in the Budget that First Time Buyers will be able to take advantage of the Help to Buy ISA from 1st December this year. The Help to Buy ISA is a positive step forward to support people saving for a deposit for their home. The Society has had a similar product to the Help to Buy ISA; Our Big Home Saver is a market leading product and encourages regular saving, while rewarding savers with a cash back sum if they have successfully saved with the Society and gained a mortgage with us. This has proved very popular.