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 recently worked with Leasa Foster at Winston Solicitors as our solicitor for purchasing our new home, and we couldn’t be happier with the experience. Leasa was incredibly professional, thorough, and proactive throughout the entire process. She kept us informed at every stage, explained everything clearly, and always responded quickly to our questions — no matter how small.Buying a house can be stressful, but Leasa made the whole journey smooth and straightforward. Her attention to detail and calm, reassuring approach gave us complete confidence that we were in safe hands.We are truly grateful for her support and highly recommend Leasa Foster and Winston Solicitors to anyone looking for an efficient and reliable conveyancing solicitor.

Pranjali

I recently used Winston to help with the purchase of my new home. From start to finish, the service was excellent. Leads Foster was professional, efficient, and always kept me informed throughout the process. Every question I had was answered promptly, and everything was explained in a way that was easy to understand. The whole transaction went smoothly and on time, with no hidden surprises. I really appreciated the clear communication and friendly approach. I would highly recommend to anyone looking for a reliable and trustworthy solicitor.

Pranjali

What can I say Leasa was amazing from start to finish with great communication throughout, I would highly recommend Winston solicitors.

Philippa

As first-time buyers, we chose this Winston Solicitors because of their great reviews, and they absolutely lived up to the expectations! Amr and Joe were extremely helpful and always quick to respond - we never had to chase anything up or wait long for updates. The whole process felt smooth and well-managed from start to finish. We couldn’t have asked for a better experience and would definitely recommend them to anyone buying their first home!

Wincel a

I had a very good service from Michelle Ayres when selling. She was very helpful and prompt responding to any questions I had. I would recommend Michelle to others.

Anonymous

We can’t thank Leasa enough for all her help in purchasing our dream home. From start to finish, she was professional, proactive, and always one step ahead. Nothing was ever too much trouble, she kept us informed at every stage, explained things clearly, and made what could have been a stressful process feel smooth and well-managed.Leasa’s attention to detail and calm, reassuring approach gave us total confidence throughout. We’re so grateful for her support and would recommend her to anyone looking for a solicitor who genuinely cares about getting the best outcome for their clients.Thank you Leasa, we couldn’t have done it without you!

Jonathan

We had a great experience with Michelle as first time buyers. She was very professional and incredibly fast throughout the whole process. Even when we held things up a bit on our end, she was quick to respond and answered all our questions clearly and promptly. We would definitely recommend. Thank you.

Shauna

The service at Winston is so good that I don't feel the need or the desire to want to shop around for legal services. I find myself recommending you on a very regular basis.

Luke T, Harrogate