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

Sidraa did the conveyancing on our recent house sale and purchase and she was outstanding. She is so thorough but also keeps you constantly updated removing a lot of the anxiety about the process. She was also ably helped by Paulo. Thank you for all the hard work you put in on our behalf.

Kathryn

Great from start to finish. Kept updated at all times. Michelle was also good at replying to my emails,I would highly recommend to anyone.

Jonathan

Lease has been amazing getting all my documents ready for my house purchase, she was rapid at responding to my email and replying back to any queries I had. I would surely recommend it Winston solicitor to my family and friends.

Fatima

I used Winston solicitors for the purchase of my first home. They were absolutely fantastic, especially Michelle who was my solicitor. She was so kind and friendly. She answered every question I have and was very responsive and easy to get a hold of. I highly recommend Winston solicitors and Michelle especially:)

Tomas

We recently worked with Sidraa when buying a property. She was very efficient, thorough and a pleasure to deal with.

Joanne

It was really an excellent experience with your organization. The engagement was seemless and professional. We were guided objectively. Thank you for providing a good and friendly service for our mortgage till the key was exchanged and after services follow up. Leasa Foster thanks to you specially for a good well done from the beging of our trasaction till the end. You did well and be rest assured of my referral.

Hammed

Michelle Ayres at Winston Solicitors delivers a first class conveyancing service. Michelle is diligent and conscientious and gave clear communication, throughout the process, about what was required to complete each conveyancing stage.Michelle is patient and supportive too - something we very much appreciated during the stressful sale period.We would recommend Michelle Ayres and the Winston team to anyone who is looking for a trustworthy and reliable conveyancing solicitor.

Anonymous

This is the fourth time we have trusted Winston Solicitors - Sidraa Razaq in particualr! Amazing, efficient, and fast service each time. There has never been a delay from her end. Many estate agents always pester us with their own partner solicitors but we always kindly reject them and choose Sidraa. We would always recommend Sidraa and her team!

Tariq