Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • LauFrances
    • By LauFrances 14th Mar 17, 8:27 PM
    • 1Posts
    • 0Thanks
    LauFrances
    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
Page 1
    • kidmugsy
    • By kidmugsy 14th Mar 17, 9:54 PM
    • 9,852 Posts
    • 6,645 Thanks
    kidmugsy
    • #2
    • 14th Mar 17, 9:54 PM
    • #2
    • 14th Mar 17, 9:54 PM
    Don't lash out on a wedding, just elope.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

3,964Posts Today

7,658Users online

Martin's Twitter
  • RT @TfLTravelAlerts: Oxford Circus and Bond Street stations now both reopened and all trains are stopping normally.

  • RT @metpoliceuk: We have not located any trace of suspects, evidence of shots fired or casualties. Officers still on scene. If you are in a?

  • My hopes and prayers are that this turns out to be nothing. Stay safe.

  • Follow Martin