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Help to buy isa
Mwilson929
Posts: 1 Newbie
Official MSE Insert:
We've a fully researched Help to buy ISA guide you may find helpful.
Back to the original post...
Hi,
My house purchase has been delayed to complete around the 10th Feb. I have a help to buy ISA which I could close on the 1st Feb and be eligible for the government bonus of £400.
I've asked my conveyancers if they can claim the bonus, but they're referring me to a financial advisor. The conveyancer needs to claim the bonus.
I already have my mortgage in place and because I was expecting to complete before Feb I didn't say any portion of the funding would come from this source.
Is there a way I can claim the bonus? As its a relatively new scheme nobody seems to be able to offer advice. The banks refer me to the solicitors and vice versa!!
Thanks
We've a fully researched Help to buy ISA guide you may find helpful.
Back to the original post...
Hi,
My house purchase has been delayed to complete around the 10th Feb. I have a help to buy ISA which I could close on the 1st Feb and be eligible for the government bonus of £400.
I've asked my conveyancers if they can claim the bonus, but they're referring me to a financial advisor. The conveyancer needs to claim the bonus.
I already have my mortgage in place and because I was expecting to complete before Feb I didn't say any portion of the funding would come from this source.
Is there a way I can claim the bonus? As its a relatively new scheme nobody seems to be able to offer advice. The banks refer me to the solicitors and vice versa!!
Thanks
0
Comments
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Never heard of it before, but saw this and may help https://www.helptobuy.gov.uk/help-to-buy-isa/further-information/ Seems it's your Solicitor or Conveyancer.
Lucky !!!!!!!s.0 -
You might be better off posting this in the isa thread
https://forums.moneysavingexpert.com/discussion/5371330
Details on the process for solicitors to claim the bonus are here - but they cannot do this before 1 Feb as there is no system in place.
https://www.helptobuyisaadmin.org.uk/conveyancers/the-scheme
They can charge you up to £50 plus vat i.e. £60 to claim the bonus. So you may only end up with £340.0
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