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

We bought our first house and we chose Winston Solicitors based on our friend's recommendation. We are very happy with the service that they provided during the entire process. Leasa and Julie are very knowledgable and extremely prompt in answering our questions. They informed us in a very clear way in each step. We definetely recommend them.

Pinar

Cannot thank the Samantha and Michelle enough for their service. This is our second time using Winston’s to buy a property and we would not go anywhere else. Samantha is professsional, efficient and nothing is ever any trouble. They kept us informed throughout the whole process. Would not hesitate in recommending them to our friends and family.

Stacie

We have used Winston’s for 2 purchases now; Samantha and Michelle outstanding on both, always kept us up to date, and nothing was too much hassle. Others cannot come close, super efficient, and would definitely recommend.Chris and Stacie

Ms Cunningham

Prompt responses, clear communications - a professional service and would happily use again and strongly recommend to others for conveyancing.

Nicholas

Sidraa and Tom were absolutely fantastic. Sidraa was efficient, fast as replying and detailed. most importantly however, she was kind and showed great empathy in what is a very stressful time during someone’s life. Winston’s are very lucky to have such a fr was solicitor.

Amy

Leasa dealt with my sale and purchase. She's been super responsive and helpful. The daunting selling and buying on a long chain in the end went smoothly thanks to Leasa! Highly recommend!

Yuan

Winston Solicitors provided a conveyancing service to me. I found them very friendly and couteous, and their service was always professional and efficient. I was kept informed throughout, and any queries were dealt with promptly. I would not hesitate to recommend them to others.

Michael

I recommend Winston’s: professional, always kept me informed of progress, provided me with a very efficient and personal service.

Annie