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

Excellent job by Michelle with my conveyancing. Clear communication. Rapid responses. Everything you could want.

Graham

Michelle was our conveyancer for our recent house purchase. Her professionalism, thoroughness and quick responses throughout the process made the purchase as easy as possible for us - we are very grateful to her and the rest of the team at Winston Solicitors for their work.

Anonymous

had a great experience with winston solicitor company. The team was professional, friendly, and helpful throughout the whole process. Joe Rawnsley was fantastic. He kept me informed, answered all my questions, and made everything straightforward and stress-free. I’m very happy with the service I received and would highly recommend them to anyone looking for a reliable and trustworthy solicitor.

Bijan

They are very quick in replying and clarifying your questions. Also very smooth transaction process overall.

David

I have now used Winston’s for a number of services and highly rate them all round. My most recent experience was of their conveyancing team who have again been helpful from start to finish with the sale of my previous property and new purchase. The new purchase was not straight forward but Winston’s managed this extremely well with even the estate agent noting how helpful they were. I’m very appreciative to Michelle for her all her help with this

I used this practice for the conveyancing services (Michelle Ayres specifically). I could not recommend this practice more. I was away working outside of England for much of the time my house sale went through and I could not fault the communication, professionalism and advice I was given. Emails were responded to in a timely manner, they were fantastic throughout all negotiation with my buyer, were brilliant in explaining anything “legal speak” offered appropriate advice and really pushed on this process to ensure it moved from offer to exchange and completion. Really couldn’t recommend more.

Miss B

We couldn’t recommend Leasa highly enough. She was absolutely brilliant throughout the entire process of buying our first home.The purchase ended up being a fairly long and complicated process, with a number of delays and issues along the way, but Leasa was incredibly patient, responsive and reassuring throughout. She always took the time to explain things clearly, answer our questions and make sure we understood what was happening, which made a huge difference as first-time buyers.We always felt that she genuinely had our best interests at heart and was working hard to keep everything moving, even when things were outside of her control. Her communication was excellent, and we always felt we could get in touch whenever we needed help or clarification.Buying a home can be stressful, but having someone as knowledgeable, helpful and kind as Leasa made the whole experience so much easier.We’re incredibly grateful for everything she did to help us finally get the keys to our new home. We wouldn’t hesitate to recommend Leasa to anyone looking for a conveyancing solicitor, and we would absolutely use her again in the future.Thank you so much, Leasa!

Hannah

We used Winston recently for conveyancing, we are a slightly unorthodox and there were changes along the way. They were accommodating and patient with excellent regular comms. Recommended

Lee