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    • LauFrances
    • By LauFrances 14th Mar 17, 8:27 PM
    • 1Posts
    • 0Thanks
    24 and trying to save for the future
    • #1
    • 14th Mar 17, 8:27 PM
    24 and trying to save for the future 14th Mar 17 at 8:27 PM
    I opened a Help to Buy ISA in October 2016, and am now wondering if I should move it into a Lifetime ISA come April 2017. The earliest I will be buying a property is June 2018, could be a couple of months later, but definitely by October 2018. I understand the advice is just to move the money over, but I won't be able to afford more than the £200 a month I'm already paying into the Help to Buy.
    Secondly, my partner is looking to start saving once he starts a new job in September. He'll probably be saving £400-£500, and we'll be putting that towards a wedding. Should he open a Lifetime ISA, or is there no point because 25% will be taken off as it won't initially be used for a a house or retirement?
    Thank you in advance for any advice you can offer
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    • kidmugsy
    • By kidmugsy 14th Mar 17, 9:54 PM
    • 10,241 Posts
    • 6,944 Thanks
    • #2
    • 14th Mar 17, 9:54 PM
    • #2
    • 14th Mar 17, 9:54 PM
    Don't lash out on a wedding, just elope.
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