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Help to buy Isa - how long to receive money?

Steo18
Steo18 Posts: 38 Forumite
in House buying, renting & selling
Hello,

The request has been sent to the people who pay out the bonus money... however, I am wondering if anyone has any experiences to advise how long they waited as I want to exchange the end of this week if possible.

Thanks

Comments

  • kerry90_2
    kerry90_2 Posts: 24 Forumite
    Our solicitor told us after they receive the letter which confirms the ISA has been closed, it takes 5 working days for the bonus to be paid to them
    Starting mortgage (Sep 2016): £314,124.00
    Current balance (Oct 2018): £267,400.00
    2018 OP so far: £14233.27/[STRIKE]£10,000[/STRIKE] £14,000
  • lcfcstephen
    lcfcstephen Posts: 154 Forumite
    Fifth Anniversary 100 Posts Combo Breaker
    The same thing happened with me as with kerry90. I gave them two weeks just in case, but they sorted it, got it done in time and sent me an updated completion figure. But the bonus is meant to be for completion, not for exchange, so you may want to check that
    Mortgage Debt £53,879.68 as of 2nd July
    Help to Buy Equity Loan Debt £26,799
    Total Debt: £80,678.68 of £133,995 two bed house
This discussion has been closed.
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