Home Buy Help to Buy Help to Buy ISA

You are not logged in. Log in / Register

Help to Buy ISA

First time buyers can boost savings by 25%


Help to Buy ISA

If you are saving to buy your first home, the government will top up your savings by 25% (up to £3,000).

  • Pay in up to £200 per month tax free
  • Gain government bonus of 25%
  • Receive a bonus of up to £3,000 from the Government

Ask us a question

  1. How do I get a Help to Buy ISA?

    Help to Buy ISAs are available from most banks, building societies and credit unions.

    To start you can deposit a lump sum of up to £1,200.

  2. Who is eligible?

    A Help to Buy ISA is available to people saving for their first home, which must:

    • not exceed £450,000 in price (£250,000 out of London)
    • be where you intend to live
    • be the only home you own

    Start your search

  3. Can my partner and I have an Help to Buy ISA each?

    Yes, Help to Buy ISAs are per person, not household.

    This means that if you were planning to buy with your partner you could both have a Help to Buy ISA, gaining a maximum government bonus of £6,000 to pay for your first home.

  4. Can I use a Help to Buy ISA with a Help to Buy Equity Loan?

    Yes, you can also put a Help to Buy ISA as a deposit against a purchase with a Help to Buy Equity Loan.

  5. What is the minimum bonus from a Help to Buy ISA?

    The minimum amount that the government will pay you is £400, meaning you will need to have saved £1,600 in your Help to Buy ISA before you can claim your bonus.

  6. What is the maximum bonus from a Help to Buy ISA?

    The maximum government bonus you can receive is £3,000 (per person).

    To receive that, you need to have saved £12,000.

  7. How can I use the government bonus?

    When you are close to buying your first home, you will need to instruct your solicitor or conveyancer to apply for your government bonus.

    Once they receive the government bonus, it will be added to the money you are putting towards your first home.

    The bonus must be included with the funds consolidated at the completion of the property transaction.

    The bonus cannot be used for the deposit due at the exchange of contracts, to pay for solicitor’s, estate agent’s fees or any other indirect costs associated with buying a home.

  8. Do I have to pay the bonus back?

    No, you do not have to pay it back.

Ask us a question

Other Help to Buy schemes available

Help to Buy London

Buy a New Home with just 5% deposit

Learn more

Shared Ownership

'Part buy, part rent' to get on the property ladder

Learn more

Unlock the true value of your home

Lettings & Property Management

Explore news articles, area guides and interior design trends

Setting the standard in estate agency

We combine best-in-class people and technology to set the standard for service in estate agency

Find your nearest office

Our Services

Setting the standard in estate agency

Our services
Find tenants
Property Management
Specialist services
Short lets
Prime Lettings
Help being a landlord
Help & Guides
Buy to Let Mortgages
Property inspiration
Interior Design
Local life
Area guides
Let's get social