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

Working with Leasa and Julie at Winston’s was excellent. Each step was explained clearly and concisely and communication was prompt. I will be highly recommending

Ishmail

Great communication and kept in touch regularly

Mohammed

Samantha and her team have been outstanding during my house purchase. I couldn't be happier. I always received a reply to my emails on the day, even within minutes. Excellent service and would highly recommend.

Sonja

Winston solucitors provided excellent service when we were selling our home. They were available to answer any questions we had and kept us informed of a y progess when selling.

Mr &amp; M

A very reliable and efficient service with clear and prompt communication throughout.

Hannah

Samantha and Michelle from Winston Solicitors were excellent. They communicated quickly and made the process fast and straightforward. We were constantly waiting for other lawyers in the chain because they were so ahead compared to everyone else.

Ms Barclay

Outstanding First-Time Buyer Support!We recently used Winston Solicitors for the purchase of our first home, and we couldn’t be happier with the service. As first-time buyers, the process felt overwhelming at times, but the team at Winston’s guided us through every step with patience, clarity, and professionalism.They were always quick to respond to our questions (no matter how small!), explained the legal and mortgage side of things in a way that made sense, and kept us informed throughout the entire process. Their attention to detail and clear communication gave us complete peace of mind.Thank you so much for helping us secure our first home – we couldn’t have done it without you! We’d highly recommend Winston Solicitors to anyone buying a home, especially first-time buyers like us.

Mr &amp; M

I have used Winston’s solicitors for conveyancing twice now and would not go elsewhere. Samantha’s service is second to none, she is brilliant at what she does! She has kept me informed every step of the way and will always reply to any query I have within minutes. She really takes away the stress of buying and selling a house and will be worth every penny you pay for her outstanding service. Thanks again Sam! :)

Jordan