Divorce & Family
We are a leading team of Divorce and Family Solicitors with our specialist divorce solicitors providing expert advice about divorce and separation.
Our property lawyers will explain every step of the conveyancing process, and make it as professional, swift and seamless as possible.
Help to Buy ISAs are savings accounts that you can make monthly savings into just like any ISA. However, the bonus of these ISAs is that if you use the saved money towards the purchase of your first home, the Government will top up your savings by 25%, up to a maximum of £3,000.
The scheme ended for new applicants in 2019, however, if you do have an account set up, do make sure that you are making the most of the opportunity:
There are criteria that you will need to meet in order to maximize and claim your bonus:
So, if you did open a HTB ISA a few years ago, make sure you are making the most of it, and let your conveyancer know as early as possible that you intend to claim the bonus. You will need to obtain a closing statement from your bank, and these can take some days to be issued. Your conveyancer will then need to submit a declaration to HTB in order to draw down the bonus payment.
You can find out more information about HTB ISAs here: www.gov.uk/help-to-buy-isa
Poole Alcock would love to help you secure your first home. If you would like to speak to someone about purchasing a property using a Help To Buy ISA or if you have any queries regarding the conveyancing process, please do call us. Visit our website for a quote, www.poolealcock.co.uk , or get in touch on 0800 470 0331
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