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@. Skimlinks & other affiliated links are turned on

Search
  • FIRST POST
    • SCO
    • By SCO 11th Sep 17, 9:02 PM
    • 709Posts
    • 143Thanks
    SCO
    Help to buy ir LISA isa's?
    • #1
    • 11th Sep 17, 9:02 PM
    Help to buy ir LISA isa's? 11th Sep 17 at 9:02 PM
    What is better a help to buy or a LISA for saving.
Page 1
    • cjv
    • By cjv 11th Sep 17, 9:27 PM
    • 87 Posts
    • 45 Thanks
    cjv
    • #2
    • 11th Sep 17, 9:27 PM
    • #2
    • 11th Sep 17, 9:27 PM
    Depends on your individual situation really, here is a good starting point to help you decide

    http://blog.moneysavingexpert.com/2016/04/01/the-help-to-buy-isa-v-lifetime-isa-which-should-first-time-buyers-get/
    • binaryuniverse
    • By binaryuniverse 12th Sep 17, 7:52 AM
    • 368 Posts
    • 170 Thanks
    binaryuniverse
    • #3
    • 12th Sep 17, 7:52 AM
    • #3
    • 12th Sep 17, 7:52 AM
    I wouldn't use either for pure saving. If you are buying your first house then it's a simple choice of whether it's going to be in the next year, or not. If it is then HTB would be the one to go for. If not, then a LISA is the better option.
    However, if you end up not buying a house, the LISA does come with penalties for withdrawing the cash, before you are 60. So keep that in mind.

    If you're after a house then spreading the cash across the top, interest paying, current accounts is the way to go.
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

3,817Posts Today

8,177Users online

Martin's Twitter
  • Shana tova umetuka - a sweet Jewish New Year to all celebrating. I won't be online the rest of t'week, as I take the time to be with family

  • Dear Steve. Please note doing a poll to ask people's opinion does not in itself imply an opinion! https://t.co/UGvWlMURxy

  • Luciana is on the advisory board of @mmhpi (we have MPs from most parties) https://t.co/n99NAxGAAQ

  • Follow Martin