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

Leasa came recommended by a friend and we are extremely pleased with the service she and Winston Solicitors provided. We found Leasa to be very quick and she provided regular updates throughout, making the process particularly smooth. We will definitely appoint Leasa again when we next move.

Tom

Excellent communication throughout the whole process.

David

I appointed Winston’s as conveyancers for both the sale of my existing home, and purchase of my next one. Sidraa and Tom were fantastic, working with pace and always responsive by email and/or when I called. It was far more seamless than I anticipated and I was incredibly impressed with their efficiency and communication. Thank you!

Joseph

Excellent professional service would highly recommend

Anonymous

Excellent service,highly professional and support me with purchasing the house.

Midhula

I found Winston Solicitors through, of all places, a post on Reddit from property flippers. They had great reviews on it and being a trusted person, did my due dilligence and checked Google too. I wasn't disappointed. I had been dealing with Amanda, Tom and Sidraa throughout my sale and purchase. I felt like I had the best team all the way through. Nothing got passed them and they were always prompt, helpful and friendly from start to finish. Sidraa certainly had her work cut out and she made me feel like they had my back and my interests at heart. Please don't be put off by using solicitors miles away. Most of this can be done online nowadays. It's all so easy to do. I don't want to move anytime soon but, if I have to, I will be using Winston Solicitors again and preferably the same team! Thank you all.

David

Leasa and Julie at Winston Solicitors were excellent to work with. Communicative and prompt with replies and emails and super clear on each step of the way. - June 2025

I Salmon, Surrey

Sidraa and Tom were both brilliant and made the whole process seamless as a first time buyer.Completely efficient, no messing around and more than competent.Thank you!

Benjamin