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Help to Buy ISA

You can no longer open a Help to Buy ISA. If you already have a Help to Buy ISA, you can save up to £200 a month.

How much must I have in the account when I want to claim my bonus?

To benefit from the bonus you must have saved at least £1,600 before you can claim the minimum Government bonus of £400.

What is the maximum I can save in the account?

The most you can save is £12,000.00 and the maximum Government bonus you will receive is £3,000.

Can I buy any property and benefit from the bonus?

To qualify for the government bonus, the property you are buying must:

  • Be in the UK
  • Have a price of £250,000 or less (with a  higher price limit of £450,000 in London)
  • Be the only home you will own
  • Be where you intend to live
  • Be purchased with a mortgage

What can I use my bonus money on?

The money saved in your ISA can be used for your deposit however, the bonus (“free money from the Government”) cannot be used for the deposit due at the exchange of contracts, to pay for conveyancer’s, estate agent’s fees or any other indirect costs associated with buying a home.

When do I get the bonus money?

Once you are confident that your house purchase will be taking place (exchanging contracts and fixing in place a moving in date) you should then close down your ISA account. Your Bank or Building Society will then provide you with a Closing Statement which you must supply to your conveyancer. Your conveyancer will then apply for your Bonus funds via the Government Portal before the day your purchase completes.

Client feedback

Can not recommend enough. I have used Samantha Robertson Strong for both the purchase and sale of my old house and she was amazing from start to finish. She always went above and beyond and always dealt with things in a speedy and efficient manor whilst always explaining exactly what was happening. Thanks for everything Sam.
David
Each advisor we have dealt with has been fantastic. Communication has been excellent and everyone has worked very fast and made the process as easy as possible.
Connor
Used Winston solicitors for years now and wouldn't go anywhere else. Samantha and the team have been excellent and I'm extremely impressed with the service I've been provided. Would 100% recommend them for property purchases and sales.
Anonymous
Leasa and her team were superb. They were very responsive and diligent with their communication and kept us updated every step of the way. I would recommend Winston Solicitors to anyone looking to buy or sell their house.
Samuel
Winston Solicitors provided an excellent service throughout our house purchase. Their tracking system kept us updated at every stage, and communication via email and phone was always clear and prompt. They were also very accommodating in providing printed copies when we needed them. Overall, we were very happy with their support and would gladly use them again in the future.
Kayleigh
The team were professional and polite. Kept on top of all their actions and kept me informed by phone, email and by their app.
Yaseen
A fantastic service after a prolonged sale process, very professional
Mr and Mrs Jaques
Absolutely fantastic what more can I say. Michelle Ayres was brilliant kept me informed on the house buying process. I would recommend winstons Solicitors to anyone. BRILLIANT. Dean Thompson.
Dean
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