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

Fantastic service throughout our sale - clear communication and everything explained as we progressed. Would recommend.

Ruth

Joe and Sam couldn't have been more helpful throughout the whole sale process. They were always available to us when we had questions and quick to process the work to avoid any delays. We were working to a tight deadline and their efforts to move the process forward were invaluable. This was our second time using Winstons and we couldn't recommend them more.

Aletris

Have used Winstons for a number of years - very very quick professional and accurate. Really diligent and proactive wouldnt touch anybody else to be honest.Cant speak highly enough of the peopel who anwer the phones to Michelle and the team. A pleasure doing business :-)

Andrew

Every team member at Winston’s is fantastic! We felt included and updated through out the full house move however we didn’t once feel overwhelmed and stressed. Winston’s are on the ball and have things moving forwards fast. Thanks again.

Ruby

Paulo and Sidraa have been excellent and very supportive with my property sale. They were very easy to communicate with and kept me updated at all times. All queries were handled very efficiently. Overall I am very pleased with their service

Nimit

We used Winston Solicitors when purchasing our first home with right to buy. The team were really informed and proactive. It could have been a stressful situation but Amr and the team were accomadating despite our specialist lender being tricky and needing more from us than a standard lender. We really enjoyed the portal as it was clear to see what had been competed and when. If needed in the future, we will definately be in touch as I can't fault them at all. Thanks again for helping us purchase our first home.

Mujde

I have used Winstoin Solicitors, several times over the past few years for help with various legal issues. Most recently I used them to help complete the sale of my late mother's property. I would wholeheartedly recommend Sidra Razaq and Paulo Dos Santos, who were efficient, knowledgeable and helpful in getting the sale completed with minimal fuss and problems. They were prompt in their communications and I was very happy with the service I received.Jatinder Sagoo

Jatinder

Very timely responses, proactive actions and friendly communication. Highly recommended.

Sunayna