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  • Help2Buy ISA users.. i cant seem to find the time taken between solicitor applying and the scheme processing and providing funds

    our solicitor has advised us and wants us to sign a thing that says 'if we cant get your ISA processed before completion you will lose out on your bonus'

    exchange supposedly tomorrow with completion 2 weeks later, we're still awaiting closing statements from bank for solicitors to actually be able to apply

    are we pushing it?

  • I've had a look back in our email with our solicitor as we had quite a kerfuffle over this a while back, this is

    With regards the help to buy ISAs you need to each sign a first time buyer's declaration, as attached, and supply me with a closing statement for the ISAs.

    I am only able to submit my application to the government for payment of the ISA amount, with bonus, once I have these documents from you, which I am happy to receive by scan.

    The government gives a timeframe of 30 calendar days for the monies to be released. The monies can be only used for completion (not for the deposit for exchange), but this can usually be expedited. I must have the monies in advance of completion, otherwise the monies must be returned.

    It is important that I have these documents just as soon as possible, so that I can immediately submit my applications, so that there is every chance that your intended completion date of 8th June can be met.

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