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

Sidraa Razaq helped us with our first house purchase. She was fantastic. So many other people have told me they have had bad experiences with their solicitors. Sidraa was the opposite. Professional, responsive, clear, organised, efficient, friendly and supportive. Thank you so much.

James

Extremely professional, friendly and helpful. Made the process of buying my house as simple as it could be. Would definitely recommend.

Christopher

Olivia and Amanda were extremely helpful regarding my house purchase. Communications and questions were always answered quickly.

Anonymous

We were very impressed with Winston Solicitors. We dealt with Sidraa and Paulo and they were both very responsive, informative and efficient with managing our house purchase/sale. Would definitely recommend.

Krishan

Helpful and Michelle responded to emails quicky.

Miss R

We had a really positive experience with Winston Solicitors for our conveyancing.Leasa was the lead solicitor on our matter, with Julie supporting, and both were excellent throughout. They were responsive, organised and always gave us clear, practical advice. Just as importantly, they were reassuring when things became stressful and we always felt that they were firmly on our side and looking out for our interests.Our transaction was not completely straightforward. We lost our buyer during the process and had to change strategy, but Leasa and Julie handled everything calmly and efficiently and made what could have been a very stressful situation feel manageable.They also understood the timescales we were working towards and did a great job of keeping things moving at the speed we needed.We are very grateful for all their help and would happily recommend Winston Solicitors, and Leasa and Julie in particular, to anyone buying or selling a property.We are so happy that we found them!

Houman

Working with Sidraa as my solicitor was a great experience. She is brilliant, exceptionally detailed, and thorough in her work. Even when her heavy client workload caused a few busy periods, she and her team pushed through every obstacle and got us across the finish line. I'm very grateful for her support!

This is the third time I’ve used Winston Solicitors and Sidraa has been fantastic in each. Highly proactive and responsive, clear communication and moves things along quickly. Will always be my first choice in future purchases.

D. Paige, Staffordshire