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

Good communication, clear emails, good attention to detail reacted quickly to problems.. We have used twice now and would certainly use her again as a convincing solicitor. Much better than other we have used in the past.

Rachel

The service from Sam and Paolo has been exceptional - timely, responsive and efficient through a highly stressful house purchase (no fault of theirs!) and we would highly recommend them both to anyone!

Mr &amp; M

Excelent service

Angus

Amr and Joe at Winston Solicitors were great for the purchase of our new home. Being transparent with communication and providing updates when needed.

Anonymous

Quick and simple service

Jacob

I cannot speak for Winston Solicitors as a whole, but I can confidently recommend Leasa Foster, who we’ve used twice now for moving house. On both occasions she has been outstanding. Without her, I’m certain the chain would have fallen into disarray, and completion would have been delayed by at least a month or two.Leasa took control, coordinating solicitors both above and below us in the chain to ensure paperwork was completed on time. In fact, some of the documents that others were only just starting, she had already handled months in advance.Overall, I’m extremely satisfied with the service from Leasa, Julie, and the team at Winston Solicitors. I’ll have no hesitation using them again—unless Leasa moves firms!

Jack

We’ve used Winston Solicitors for three property transactions now, and they have been outstanding every time. Sidraa and Tom always go above and beyond – communication is clear, there are never any delays from their side, and the whole process is handled smoothly from start to finish. We’ve even recommended them to friends, who were equally impressed. I always get asked by Estate Agents to use their solicitors but always politely decline because of the service Sidraa and her team offer.

Tariq

Effecient and pay attention to every single details, highly recommended

Anonymous