Help to Buy ISA guide

mikeyhayward

Can my help to buy ISA be added to my girlfriends help to buy ISA to buy a property in her name only?

eskbanker

mikeyhayward said:

Can my help to buy ISA be added to my girlfriends help to buy ISA to buy a property in her name only?

No.

suestalmach1

Can anyone help me can I use the £3000 bonus with my other savings added together to use for my deposit on help to buy isa

eskbanker

suestalmach1 said:

Can anyone help me can I use the £3000 bonus with my other savings added together to use for my deposit on help to buy isa

You can certainly use non-HTB savings as well as the HTB money towards the purchase but the bonus is only available at completion rather than exchange if that's what you were meaning: https://www.moneysavingexpert.com/savings/help-to-buy-ISA/#tip10

LKW16

Can someone help me out. 
I have a lifetime ISA and my partner has a Help To Buy ISA. We are both first time buyers. Can we use both? 

eskbanker

LKW16 said:

Can someone help me out. 
I have a lifetime ISA and my partner has a Help To Buy ISA. We are both first time buyers. Can we use both? 

Yes, a couple can use one of each between them, provided that the purchase complies with the rules of both schemes.

CRK197

My partner and I are considering purchasing our first place together. I have a help-to-buy ISA and was wondering if I could use the state added tax-free bonus alongside a shared ownership programme or do the limitations mean we would have to consider one option or the other?

If so, which option would be most beneficial for 2 adults under 25 looking for a property in  the South East/Sussex area?
 

grumiofoundation

CRK197 said:

My partner and I are considering purchasing our first place together. I have a help-to-buy ISA and was wondering if I could use the state added tax-free bonus alongside a shared ownership programme or do the limitations mean we would have to consider one option or the other?

If so, which option would be most beneficial for 2 adults under 25 looking for a property in  the South East/Sussex area?
 

You can use help to buy ISA with shared ownership. However the HTB ISA limit (250,000 outside London) applies to the full price of the property, not just the share you buy - depending on where you are in the SE this could be a problem?
The Lifetime ISA may be an alternative (up to 450,000 purchase price everywhere). Needs to be open for a year before can use, but can open today with £1 to get that timeline rolling. 
https://www.gov.uk/lifetime-isa

lescarp88

Santander Help To Buy ISA (issue 1) interest rate reducing from 2.75% variable now to 0.75% variable on 03 August 2020.

sineadanna

Hello,
I’m wondering what you do when you have ‘filled’ a help to buy isa. I am currently £50 away. Can I continue to put £200 per month in or not? The interest on the account is good so I would continue to use it if possible even if I can’t get a bonus on anything over the £12,000. I have tried calling the bank but they are very busy at the moment. 

Thanks in advance.