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 had a lot of trouble with purchasing a house due to external reasons. Through the entire timeline Olivia was always keeping me updated, and responded fast to emails, something you don't get very often from solicitors! She did her best to meet deadlines and I genuinely felt they cared about the sale for me

Reece

We had a great experience with Leasa, who acted for us during our property purchase. She was quick, efficient, professional, and kept everything moving smoothly. We really appreciated her support throughout the process and would highly recommend her services.

Benjamin

Second time using Olivia at Winston Solicitors and once again she delivered. Impeccable service and completed my remortgage within the desired timeframe. Efficient, straightforward and simple.

Rowena

We are first time buyers and were new to the process of buying a house but our solicitor, Leasa, explained everything clearly to us and was the best solicitor we could wish for in this situation: She was super efficient, thorough, and we had great communication throughout, which was extremely useful. Things got done fast and to a high standard, and Leasa was able to spot things the seller's solicitor wasn't. Everything was super quick and within the timeline we set, so we can highly recommend this firm and have done so to friends who are also buying a house, five stars!

Anonymous

Conveyancing process only took a couple of months, always informed, never had to chase anything up.

Joe

Excellent job by Michelle with my conveyancing. Clear communication. Rapid responses. Everything you could want.

Graham

Michelle was our conveyancer for our recent house purchase. Her professionalism, thoroughness and quick responses throughout the process made the purchase as easy as possible for us - we are very grateful to her and the rest of the team at Winston Solicitors for their work.

Anonymous

had a great experience with winston solicitor company. The team was professional, friendly, and helpful throughout the whole process. Joe Rawnsley was fantastic. He kept me informed, answered all my questions, and made everything straightforward and stress-free. I’m very happy with the service I received and would highly recommend them to anyone looking for a reliable and trustworthy solicitor.

Bijan