article_snippet: people will be available through banks and building societies this Autumn, with first time buyers  able to make an initial deposit of £1,000 when buyers   open The new savings account.
article_snippet: There will be no minimum monthly deposit – but people will only be able to save up to £200 a month.
article_snippet: According to Treasury documents released today, people outside London now need almost £30,000 for a deposit on people outside London first home, while in London people outside London need almost £70,000 .
article_snippet: First-time buyers in London will be allowed to use the total bonus they will pay at £3,000 to buy homes worth up to £450,000 - but for everyone else the ceiling will be £250,000.
article_snippet: According to Treasury documents released today, first-time buyers in London now need almost £70,000 to get first-time buyers in London first home.
article_snippet: A 10 per cent deposit on the average first home costs £15,000, so if you put in up to £12,000
highlights_snippet: First time buyers can make  initial deposit of £1,000 when opening account .
  
highlights_snippet: Bonus available on homes  up to £450,000 in London and £250,00 elsewhere .