RICS document proposing the creation of a new type of ISA used specifically to fund a home deposit for first time buyers. Suggestions made include: raising the amount allowed in cash savings to £7 200 per annum; government contributions of 15% on the first £5 000 invested (£750 per annum) and the possibility of contributions from family members etc. It is also proposed that any such account should be free from capital gains tax etc. Some restrictions are suggested - the amount saved must be used to fund the deposit on a home (unless withdrawn due to hardship or investment in a pension fund); the accounts should only be available to genuine first time buyers (who must stay in the home purchased for at least a year) and no first time buyer should be able to save more than £36 000 in an account. The authors suggest that similar schemes have been introduced with great success in countries including Australia.