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

Michelle and Aishah were both very professional and helpful. This wasn't a straightforward conveyance but they had the relevant expertise to complete the sale without a problem.

Caroline

I used Winston Solicitors to sell our house and they were brilliant. Amr dealt with all the paperwork quickly and kept us updated the whole time. They made the entire sale smooth and stress free. We would definitely use them again and recommending them to family and friends.

Mohammed

I have worked with Winston Solicitors on a number of different legal matters, most recently conveyancing. On each occasion, they have been professional, friendly and helpful throughout. Whether providing advice, responding to queries, or simply keeping me updated on progress, their communication has always been excellent.I would have no hesitation in recommending Winston Solicitors and would be very happy to use their services again in the future.

Anonymous

Leasa Foster was extremely efficient and professional in handing out purchase.She was very experienced and able to advise us on potential legal issues before we even started progressing with searches.I would highly recommend her services.

Michael

We used Winstons regarding the sale of our parents house. They were excellent. Amanda was so efficient...always one step ahead chasing up anything that was required from all parties. The whole process was seamless and surprisingly stressfree. Thankyou

Mary

Very thorough, good value and consistently contactable throughout a lengthy complex purchase.

Jonathan a

Brilliant support through house sale. What should have been the simplest sale in the world turned into a bit of a nightmare but Joe, Amr and the team guided us through beautifully. They were prompt with their actions, communicative and friendly. Couldn't ask for more. Thank you!

Elizabeth

Michelle was very helpful, kept everything very simple and was able to get the house move completed in the desired timeframe of around 3 months.

Anonymous