Transferring from H2B ISA To LISA
Archiethere
Posts: 10
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Hi, I opened a stocks and shares LISA on 19-04-17 with a £1 contribution. I wish to open a cash LISA and transfer my H2B ISA in to it, as well as my other savings. I have around £4000 in my H2B ISA at the moment and £3000 in a savings account.
Ideally I’m looking at purchasing a property next may/June so I don’t want to tie my cash up beyond that ken possible.
I have a couple of questions, If I open a cash LISA will I have to wait another year before I can claim the bonus or will it go from the 19-4-17? Also if I transfer before April next year does some of my savings not count towards the 4K limit? Any help is appreciated.
Ideally I’m looking at purchasing a property next may/June so I don’t want to tie my cash up beyond that ken possible.
I have a couple of questions, If I open a cash LISA will I have to wait another year before I can claim the bonus or will it go from the 19-4-17? Also if I transfer before April next year does some of my savings not count towards the 4K limit? Any help is appreciated.
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Archiethere wrote: »Hi, I opened a stocks and shares LISA on 19-04-17 with a £1 contribution. I wish to open a cash LISAArchiethere wrote: »Ideally I’m looking at purchasing a property next may/June so I don’t want to tie my cash up beyond that ken possible.
I have a couple of questions, If I open a cash LISA will I have to wait another year before I can claim the bonus or will it go from the 19-4-17?Archiethere wrote: »Also if I transfer before April next year does some of my savings not count towards the 4K limit?0
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