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

I sold my house with the legal help of Winston Solicitors. I would highly recommend them to anyone needing legal guidance. They worked efficiently and effectively. They updated me and communicated in a very timely fashion and cleared up all and any concerns I had along the way. Many thanks in particular to Samantha Robertson Strong and Laura Wheatley.

Anita

Excellent service from start to finish. The team was professional, friendly and approachable, keeping me informed throughout the process. Everything was handled efficiently, and I felt looked after. I would highly recommend their services to anyone looking for a reliable and trustworthy solicitors. Samantha and Laura were fantastic. Thank you

Lynn

It was a pleasure to work with Leasa at Winston Solicitors. She was recommended to me by a friend and I can't fault her. She was efficient, responsive and I didn't have to chase her once. I will definitley being returning to her again in the future if I need a property solicitor.

Anonymous

From start to finish, Winston Solicitors' service was outstanding. A special thank you to Leasa, who was professional, approachable and incredibly supportive throughout what can often be a stressful process. Her communication was excellent, and we always felt informed and reassured every step of the way.One feature that really stood out was the online dashboard, which made it easy to see exactly where we were in the process and what actions, if any, we needed to take. It gave us real peace of mind.Leasa and her colleague Julie are a real credit to the firm. Their dedication, efficiency and friendly approach made our property transaction feel smooth and straightforward. I've already recommended Leasa to family members, and I wouldn't hesitate to use Winston Solicitors again.Thank you for making what could have been a stressful experience such a positive one.

Jahan

We used Winstons to purchase a property. the transaction went smoothly and in a timely manner with no hiccups. Will use again!

Anthony

Property sale dealt with very professionally, efficiently and in a timely way. Updated us every step of the way via email and App. Would use again.

Mark

I used Winston Solicitors to sell a property as an Executor.Amanda Lester was very helpful & professional throughout the whole process.I have used Winston Solicitors previously to obtain Probate & will use them again in the future to make a new will & power of attorney.

Anonymous

Was very pleased with the solicitors on the sale of my house. I would recommend Winston’s solicitors. Very efficient please with the outcome.

Jacqueline