We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Can i put a lump sum into a help to buy isa without paying monthly into it also?

I will not be purchasing a house until at least 3years time.

Comments

  • eskbanker
    eskbanker Posts: 41,953 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    You can only put up to £200 per month into an HTB ISA plus up to £1000 as a one-off at the start, so it's an account geared towards regular saving rather than a lump sum, although you're not obliged to make monthly contributions. Probably best to put your lump sum elsewhere (assuming it's more than £1000) and drip-feed into an HTB monthly for the best of both worlds....
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 355.5K Banking & Borrowing
  • 254.8K Reduce Debt & Boost Income
  • 456K Spending & Discounts
  • 248.1K Work, Benefits & Business
  • 605.5K Mortgages, Homes & Bills
  • 179K Life & Family
  • 263.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.